{"id":150469,"date":"2023-07-28T12:06:57","date_gmt":"2023-07-28T16:06:57","guid":{"rendered":"https:\/\/44.250.171.167\/?p=150469"},"modified":"2023-07-28T12:06:58","modified_gmt":"2023-07-28T16:06:58","slug":"piramal-enterprises-ltd-q1fy24-94-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/piramal-enterprises-ltd-q1fy24-94-fall-in-profits\/","title":{"rendered":"Piramal Enterprises Ltd Q1FY24; 94% fall in Profits"},"content":{"rendered":"\n<p>Piramal Enterprises Ltd is one of India&#8217;s largest diversified companies. Its businesses are divided into two verticals i.e. financial services and pharmaceutical business.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Piramal Enterprises Ltd reported Revenues for Q1FY24 of \u20b92,899.00 Crores up from \u20b92,160.00 Crore year on year, a rise of 34.21%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b92,258.00 Crores up from \u20b91,648.00 Crores year on year, a rise of 37.01%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9509.00 Crores down 93.76% from \u20b98,155.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b921.31, down 93.76% from \u20b9341.66 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-394.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-394-839x1024.png\" alt=\"\" class=\"wp-image-150470\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-394-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-394-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-394-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-394-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-394.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Piramal Enterprises Ltd is one of India&#8217;s largest diversified companies. Its businesses are divided into two verticals i.e. financial services and pharmaceutical business. Financial Results: Piramal Enterprises Ltd reported Revenues for Q1FY24 of \u20b92,899.00 Crores up from \u20b92,160.00 Crore year on year, a rise of 34.21%. Total Expenses for Q1FY24 of \u20b92,258.00 Crores up from [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,1],"tags":[10097],"class_list":["post-150469","post","type-post","status-publish","format-standard","hentry","category-infographics","category-finance-stocks","tag-financial-service"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":151233,"url":"https:\/\/alphastreet.com\/india\/piramal-pharma-ltd-q1fy24-18-rise-in-revenue\/","url_meta":{"origin":150469,"position":0},"title":"Piramal Pharma Ltd Q1FY24; 18% rise in Revenue","author":"Karan_Singh","date":"August 4, 2023","format":false,"excerpt":"Piramal Pharma Limited (PPL) is part of the Piramal group of companies. The company operates through 3 major segments(1) Contract development and manufacturing organisations (CDMO), (2) Complex hospital generics (critical care), and (3) consumer healthcare (OTC).Company entered Pharma space back in 1988 with acquisition of Nicholas Laboratories and grew through\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-187.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-187.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-187.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-187.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-187.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-187.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":167304,"url":"https:\/\/alphastreet.com\/india\/piramal-enterprises-ltd-q3fy25-1-fall-in-revenue\/","url_meta":{"origin":150469,"position":1},"title":"Piramal Enterprises Ltd Q3FY25; 1% fall in Revenue","author":"Chirag Gupta","date":"March 10, 2025","format":false,"excerpt":"Piramal Enterprises Limited (PEL) is one of India\u2019s 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. 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