Companies

Piramal Enterprises’ Q3 net up at Rs 322 cr

PTI New Delhi | Updated on February 08, 2016 Published on February 08, 2016

Piramal Enterprises today reported a consolidated net profit of Rs 321.71 crore and net sales of Rs 1,847.71 crore for the December quarter.

The company had posted a net profit of Rs 249.02 crore and net sales of Rs 1,385.12 crore during the same period last fiscal.

The results are not comparable on the account of various acquisitions and divestitures such as stake sale in Vodafone India and lab diagnostics and point-of-care business, Piramal Enterprises said in a regulatory filing.

During the quarter, revenue from pharmaceuticals manufacturing and services stood at Rs 924.54 crore, while income from financial services and information management was Rs 507.59 crore and Rs 426.60 crore, respectively.

Piramal Enterprises shares were trading 1.79 per cent down at Rs 954.55 on BSE during the afternoon session.

Published on February 08, 2016
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