Piramal Enterprises reports consolidated net loss of Rs 1701.93 crore in the March 2020 quarter

Sales decline 1.98% to Rs 3341.00 crore

Net loss of Piramal Enterprises reported to Rs 1701.93 crore in the quarter ended March 2020 as against net profit of Rs 455.25 crore during the previous quarter ended March 2019. Sales declined 1.98% to Rs 3341.00 crore in the quarter ended March 2020 as against Rs 3408.52 crore during the previous quarter ended March 2019.

For the full year,net profit declined 98.36% to Rs 24.03 crore in the year ended March 2020 as against Rs 1467.06 crore during the previous year ended March 2019. Sales rose 9.98% to Rs 13068.29 crore in the year ended March 2020 as against Rs 11882.59 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales3341.003408.52 -2 13068.2911882.59 10 OPM %-2.9253.30 -47.9655.88 - PBDT-300.23780.79 PL 2501.873169.08 -21 PBT-443.14675.83 PL 1981.572768.56 -28 NP-1701.93455.25 PL 24.031467.06 -98

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