Piramal Enterprises Q4 results : profit at ₹137.09Cr, Revenue increased by 1.36% YoY
₹137.09 crore. It is a significant improvement compared to the loss of ₹195.87 crore in the same period last fiscal year.
The company's revenue saw a growth of 2.16% from the previous quarter, showcasing a positive trend in performance. Selling, general & administrative expenses showed a decline of 5.94% quarter-on-quarter but witnessed a significant 19.5% increase year-on-year.
Operating income for Piramal Enterprises surged by 115.25% quarter-on-quarter, although it decreased by 82.52% year-on-year. The earnings per share (EPS) for Q4 stood at ₹-22.07, marking a notable 71.09% increase year-on-year.
Despite the positive financial results, Piramal Enterprises has seen negative returns in the short term, with -3.2% in the last week, -9.43% in the last 6 months, and -3.89% year-to-date. Currently, the company has a market capitalization of ₹20,011.62 crore, with a 52-week high/low of ₹1139.95 and ₹721.2 respectively.
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