Piramal Enterprises posts Rs 180 crore net profit in January-March quarter
The company has not recommended any final dividend on the equity shares and the interim dividend declared by the board at its meeting held on March 9 is recommended as the final dividend.
Piramal Enterprises on Monday reported a consolidated net profit of Rs 180.24 crore for the March quarter.
The company had posted a net profit after taxes, minority interest and share of profit of associates of Rs 95.40 crore for the January-March period of 2014-15, Piramal Enterprises said in a BSE filing.
Consolidated total income from operations rose to Rs 1,733.51 crore as against Rs 1,297.50 crore a year ago.
"The figures for the quarter and year ended March 31, 2016 are not comparable on account of various acquisitions and divestitures," Piramal Enterprises said.Piramal Enterprises said.
For the full fiscal, the company posted a net profit of Rs 950.60 crore compared with Rs 2,849.95 crore in 2014-15.
Consolidated total income stood at Rs 6,609.89 crore for the 2015-16 fiscal as against Rs 5,122.61 last year.
In a separate filing the company said its board in a meeting held on Monday has not recommended any final dividend on the equity shares and the interim dividend declared by the board at its meeting held on March 9 is recommended as the final dividend.
At 1418 hours, shares of Piramal Enterprises were trading at Rs 1267.00, up Rs 3.40 or 0.27%.