Piramal Enterprises standalone net profit rises 2051.98% in the March 2018 quarter

Sales rise 8.56% to Rs 1003.01 crore

Net profit of Piramal Enterprises rose 2051.98% to Rs 245.11 crore in the quarter ended March 2018 as against Rs 11.39 crore during the previous quarter ended March 2017. Sales rose 8.56% to Rs 1003.01 crore in the quarter ended March 2018 as against Rs 923.94 crore during the previous quarter ended March 2017.

For the full year,net profit declined 33.25% to Rs 518.47 crore in the year ended March 2018 as against Rs 776.78 crore during the previous year ended March 2017. Sales declined 12.68% to Rs 3288.63 crore in the year ended March 2018 as against Rs 3766.21 crore during the previous year ended March 2017.

 

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1003.01923.94 9 3288.633766.21 -13 OPM %41.4921.80 -36.9448.74 - PBDT402.4647.69 744 865.031014.42 -15 PBT371.3323.05 1511 753.45919.93 -18 NP245.1111.39 2052 518.47776.78 -33

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