Piramal Enterprises has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported net loss at Rs 1059.53 crore for the quarter ended December 31, 2023 as compared to net profit of Rs 2892.20 crore for the same quarter in the previous year. Total income of the company decreased by 81.48% at Rs 698.84 crore for Q3FY24 as compared Rs 3773.91 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported net loss at Rs 2377.59 crore for Q3FY24 as compared to net profit of Rs 3545.37 crore for the same quarter in the previous year. Total income of the company decreased by 11.18% at Rs 2546.20 crore for Q3FY24 as compared Rs 2866.73 crore for corresponding quarter of the previous year.