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Piramal Enterprises profit before tax rises 29% to Rs 733 crore in Q2

The revenue of the company saw an increase of by 15% to Rs 3,604 crore for Q2FY20

Q2 company results
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Illustration by Ajay Mohanty

Subrata Panda Mumbai
Piramal Enterprises has posted 29 per cent growth in its profit before tax (PBT) at Rs 733 crore in the quarter ended September FY20 (Q2FY20), compared to Rs 570 core in the same period of the last financial year. 

The net profit of the company was up 18 per cent at Rs 569 crore in Q2FY20 compared to Rs 480 crore in Q2FY19 on account of good growth in total income driven by pharma and other businesses and lower operating expenses.

The revenue of the company saw an increase of by 15 per cent to Rs 3,604 crore for Q2FY20 compared to

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