Piramal Enterprises Ltd Q3FY25; 1% fall in Revenue

Piramal Enterprises Ltd Q3FY25; 1% fall in Revenue

Piramal Enterprises Limited (PEL) is one of India’s leading diversified non-banking financial companies (NBFC) with assets worth ~$10 billion, with a network of over 400 branches across 26 states/Union Territories, offering a wide range of financial products and solutions across retail and wholesale lending, fund-based platforms and investments.

Financial Results:

Piramal Enterprises Ltd reported Revenues for Q3FY25 of ₹2,449.00 Crores down from ₹2,476.00 Crore year on year, a fall of 1.09%.

Total Expenses for Q3FY25 of ₹2,792.00 Crores up from ₹2,414.00 Crores year on year, a rise of 15.66%.

Consolidated Net Profit of ₹39.00 Crores from -₹2,378.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.71, from -₹105.83 in the same quarter of the previous year.

 

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