Piramal Enterprises consolidated net profit rises 61.06% in the March 2017 quarter

Sales rise 45.82% to Rs 2450.93 crore

Net profit of Piramal Enterprises rose 61.06% to Rs 310.96 crore in the quarter ended March 2017 as against Rs 193.07 crore during the previous quarter ended March 2016. Sales rose 45.82% to Rs 2450.93 crore in the quarter ended March 2017 as against Rs 1680.75 crore during the previous quarter ended March 2016.

For the full year,net profit rose 38.42% to Rs 1252.33 crore in the year ended March 2017 as against Rs 904.74 crore during the previous year ended March 2016. Sales rose 34.10% to Rs 8503.65 crore in the year ended March 2017 as against Rs 6341.51 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2450.931680.75 46 8503.656341.51 34 OPM %42.1225.23 -41.1526.45 - PBDT528.95164.58 221 1701.91969.83 75 PBT407.4188.75 359 1320.21714.38 85 NP310.96193.07 61 1252.33904.74 38

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