Piramal Enterprises Q1 profit up 11% at Rs 496 cr; revenue at Rs 2,937 cr

Piramal Enterprises on Thursday reported a 10.57 per cent rise in consolidated net profit at Rs 495.56 crore for the quarter ended June 30, 2020.

The company had posted a net profit of Rs 448.17 crore in the corresponding period of previous fiscal, Piramal Enterprises said in a filing to the BSE.

Consolidated revenue from operations stood at Rs 2,937.34 crore during the quarter under review as against Rs 3,186.82 crore in the same period a year ago, it added.

"We have delivered a resilient performance in Q1 with 11 per cent YoY net profit growth to Rs 496 crore during the quarter,