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Piramal Glass reports 36% fall in Q4 net profit

07 May 2012 Evaluate

Piramal Glass has reported results for fourth quarter ended March 31, 2012.

The company has posted a fall of 36.24% in its net profit at Rs 14.60 crore for the quarter ended March 31, 2012 as compared to Rs 22.90 crore for the same quarter in the previous year. However, total income has increased by 19.98% at Rs 250.02 crore for quarter under review as compared Rs 208.38 crore for the quarter ended March 31, 2011

On the consolidated basis, the company has posted a fall of 23.23% in its net profit at Rs 25.11 crore for the quarter ended March 31, 2012 as compared to Rs 32.71 crore for the same quarter in the previous year. However, total income has increased by 22.76% at Rs 405.81 crore for quarter under review as compared to Rs 330.58 crore for the quarter ended March 31, 2011.

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