Piramal Enterprises has reported results for the second quarter ended September 30, 2013.
The company has reported net profit of Rs 17.28 crore for the quarter as compared to a net loss of Rs 60.22 crore for the same quarter in the previous year. Total income has increased by 50.25% at Rs 610.49 crore for quarter under review as compared to Rs 406.31 crore for the quarter ended September 30, 2012.
On consolidated basis, the company has reported net loss after taxes, minority interest and share of loss of Associates of Rs 32.26 crore for the quarter as compared to a net loss of Rs 92.02 crore for the same quarter in the previous year. However, total income has increased by 37.60% at Rs 1227.10 crore for quarter under review as compared to Rs 891.80 crore for the quarter ended September 30, 2012.
The company has reported net profit of Rs 17.28 crore for the quarter as compared to a net loss of Rs 60.22 crore for the same quarter in the previous year. Total income has increased by 50.25% at Rs 610.49 crore for quarter under review as compared to Rs 406.31 crore for the quarter ended September 30, 2012.
On consolidated basis, the company has reported net loss after taxes, minority interest and share of loss of Associates of Rs 32.26 crore for the quarter as compared to a net loss of Rs 92.02 crore for the same quarter in the previous year. However, total income has increased by 37.60% at Rs 1227.10 crore for quarter under review as compared to Rs 891.80 crore for the quarter ended September 30, 2012.
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