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Piramal Enterprises consolidated net profit down 32% to Rs 426 crore

The total income for the reporting quarter was down 3 per cent to Rs 3,234 crore from Rs 3,339 crore in Q2FY21

Piramal Enterprises
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The company's total income for the reporting quarter was down 3 per cent to Rs 3,234 crore (Photo: Shutterstock)

BS Reporters
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.