 "Piramal Enterprises consolidated net profit down 32% to Rs 426 crore")
Piramal Enterprises posted 32 per cent drop in consolidated net profit to Rs 426 crore in the second quarter ended September 2021 (Q2FY22).
It had posted a net profit of Rs 628 crore in the second quarter ended September 2020.
The total income for the reporting quarter was down 3 per cent to Rs 3,234 crore from Rs 3,339 crore in Q2FY21. The P&L and performance for Q2 and H1 FY22 does not include the DHFL acquisition.
It completed the merger of DHFL in September 2021.
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