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Piramal Enterprises standalone net profit declines 83.68% in the September 2020 quarter

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Capital Market

Sales decline 28.87% to Rs 1026.45 crore

Net profit of Piramal Enterprises declined 83.68% to Rs 103.31 crore in the quarter ended September 2020 as against Rs 633.10 crore during the previous quarter ended September 2019. Sales declined 28.87% to Rs 1026.45 crore in the quarter ended September 2020 as against Rs 1443.04 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales1026.451443.04 -29 OPM %43.8466.34 -PBDT196.80687.49 -71 PBT158.66645.55 -75 NP103.31633.10 -84

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First Published: Oct 28 2020 | 5:25 PM IST

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