P
1,011.95
as on 09 May 2025 at 15:52
Market Cap
₹22,817 Cr
PE Ratio
47.00
ROCE
1.40%
Piramal Enterprises: Share Price Surges 6% on Q4 Net Income Beat
Piramal Enterprises' share price rose nearly 6% despite a 25% drop in Q4 net profit. Net income beat estimates at Rs 964 crore. Total income up 20% to Rs 3,032.6 crore. AUM increased 36% to Rs 80,689 crore. Final dividend of Rs 11 per share recommended.
Piramal Enterprises: Motilal Oswal Maintains 'Neutral' Rating, Adjusts Target Price
Piramal Enterprises plans to increase unsecured business share by 4-4.5% in total AUM over two years, expected to improve NIM. The company has a Rs 145 billion tax shield, ensuring PAT equals PBT for coming years. A deferred consideration of $120 million from Piramal imaging sale is expected in FY26.
Piramal Enterprises Reports Q4 FY23 Financial Results
Piramal Enterprises announced its Q4 FY23 results. Consolidated net profit decreased to 1.02 billion rupees from 1.37 billion rupees year-over-year. Revenue increased to 28.5 billion rupees from 24.73 billion rupees. The company reported a profit before exceptional items of 258 million rupees compared to a loss of 21.9 billion rupees in the previous year. A final dividend of 11 rupees per equity share was declared.
Piramal Enterprises Projects Strong Growth for FY26
Piramal Enterprises has announced its financial projections for the fiscal year 2026. The company expects to achieve a consolidated Profit After Tax (PAT) of 13-15 billion rupees. Additionally, Piramal Enterprises anticipates a year-over-year Assets Under Management (AUM) growth of approximately 25% for FY26.
Piramal Enterprises: Q4 Profit Drops 25%, Dividend Announced
Piramal Enterprises reported a 25% year-over-year decline in Q4 net profit to ₹102 crore. The company has also declared a dividend.
Piramal Enterprises Declares Final Dividend
Piramal Enterprises has announced a final dividend of 11 rupees per equity share for its shareholders.
Piramal Enterprises Reports Q4 FY23 Financial Results
Piramal Enterprises announced its Q4 FY23 financial results. The company reported a consolidated net profit of 1.02 billion rupees, down from 1.37 billion rupees year-over-year. Q4 revenue increased to 28.5 billion rupees from 24.73 billion rupees in the previous year. The company also reported a profit before share of net profit of associates and joint ventures, exceptional items, and tax of 258 million rupees, compared to a loss of 21.9 billion rupees in the same quarter last year. It's noted that the company had an exceptional item of 15.2 billion rupees in the previous year.
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