 "Piramal Enterprises consolidated net profit down 32% to Rs 426 crore")
Piramal Enterprises posted 32 per cent drop in consolidated net profit to Rs 426 crore in the second quarter ended September 2021 (Q2FY22).
It had posted a net profit of Rs 628 crore in the second quarter ended September 2020.
The total income for the reporting quarter was down 3 per cent to Rs 3,234 crore from Rs 3,339 crore in Q2FY21. The P&L and performance for Q2 and H1 FY22 does not include the DHFL acquisition.
It completed the merger of DHFL in September 2021.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%