Piramal Enterprises posts Rs 180 cr net profit

PTI New Delhi | Updated on January 20, 2018 Published on May 16, 2016

Piramal Enterprises today reported a consolidated net profit of Rs 180.24 crore for the March quarter.

The company had posted a net profit after taxes, minority interest and share of profit of associates of Rs 95.40 crore for the January-March period of 2014-15, Piramal Enterprises said in a BSE filing.

Consolidated total income from operations rose to Rs 1,733.51 crore from Rs 1,297.50 crore a year ago.

“The figures for the quarter and year ended March 31, 2016 are not comparable on account of various acquisitions and divestitures,” Piramal Enterprises said.

For the full fiscal, the company posted a net profit of Rs 950.60 crore compared with Rs 2,849.95 crore in 2014-15.

Consolidated total income stood at Rs 6,609.89 crore for the 2015-16 fiscal against Rs 5,122.61 last year.

In a separate filing, the company said its board at a meeting held today has not recommended any final dividend on the equity shares and the interim dividend declared by the board at its meeting held on March 9 is recommended as the final dividend.

Shares of Piramal Enterprises were trading 0.35 per cent up at Rs 1,268.05 on BSE in the afternoon session.

Published on May 16, 2016
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