 "Piramal Enterprises gains on Q4 numbers")
The consolidated net profit for the fiscal year ended March 31, 2015, stood at Rs 2,849.95 crore against a net loss of Rs 501.41 crore in 2013-14.
The Board has recommended a dividend of Rs 20 per share.
Commenting on the results, Piramal Enterprises Ltd Chairman Ajay Piramal said: "The company had reached an inflection point in its profitability. Value-accretive growth across business segments has enabled us to deliver a robust and sustainable growth in profits for the year."
The stock opened at Rs 975 and has hit a low of Rs 956 and a high of Rs 998 on the BSE thus far.
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