Piramal Enterprises has reported results for fourth quarter and year ended March 31, 2019.
The company has reported a net loss of Rs 62.20 crore for the quarter under review against net profit of Rs 245.11 crore for the same quarter in the previous year. Total income of the company decreased by 17.61% at Rs 1,042.22 crore for Q4FY19 as compared Rs 1,264.91 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 91.22% in its net profit at Rs 338.11 crore for the quarter under review as compared to Rs 3,851.57 crore for the same quarter in the previous year. However, total income of the company increased by 24.35% at Rs 3,764.90 crore for Q4FY19 as compared Rs 3,027.57 crore for the corresponding quarter previous year.
For the year ended March 31, 2019, the company has reported a net loss of Rs 861.98 crore against net profit of Rs 518.47 crore for the previous year. However, total income of the company increased by 4.60% at Rs 4,117.72 crore for year under review as compared to Rs 3,936.74 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 76.23% in its net profit at Rs 1,150.74 crore as compared to Rs 4,840.19 crore for the previous year. However, total income of the company increased by 24.12% at Rs 13,528.14 crore for year under review as compared to Rs 10,898.88 crore for year ended March 31, 2018.
