Piramal Enterprises has reported results for fourth quarter and year ended March 31, 2021.
The company has reported net profit of Rs 78.71 crore for the quarter under review against net loss of Rs 484.28 crore for the same quarter in the previous year. Total income of the company decreased by 9.25% at Rs 516.63 crore for Q4FY21 as compared Rs 569.31 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss attributed to the owner at Rs 571.21 crore for the quarter under review against net loss of Rs 1,701.93 crore for the same quarter in the previous year. Total income of the company marginally decreased by 0.41% at Rs 3,565.98 crore for Q4FY21 as compared Rs 3,580.55 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported a fall of 72.45% in its net profit at Rs 39.90 crore as compared to Rs 144.85 crore for the previous year. Total income of the company decreased by 28.29% at Rs 1,920.46 crore for year under review as compared to Rs 2,678.01 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported many fold jumps its net profit attributed to the owner at Rs 1,332.34 crore as compared to Rs 24.03 crore for the previous year. Total income of the company decreased by 2.85% at Rs 13,172.99 crore for year under review as compared to Rs 13,559.40 crore for year ended March 31, 2020.
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