Tue, Aug 13, 2024
Piramal Enterprises reported a 64% decline in net profit for the June quarter of 2024, totaling Rs 181 crore. The drop is attributed to a higher base from a one-off stake sale last year. Core net interest income grew 18% to Rs 807 crore, despite a narrower net interest margin and a 21% decline in other income. Managing Director Jairam Sridharan highlighted regulatory impacts on disbursements but expressed confidence in meeting FY25 targets. The capital adequacy ratio stands at 24.4%.
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Thu, Nov 09, 2023
During the first quarter of the current fiscal, the total income declined to Rs 914 crore from Rs 943 crore a year ago, Piramal Enterprises said in a regulatory filing. Interest income also came down to Rs 1,778 crore as against Rs 1,842 crore in the same period a year ago, it said.
Mon, Jul 31, 2023
Buyback process to be completed in 2 months… Retail business will increase its book share from 55% to 60%: Ajay Piramal, Chairman, Piramal Group
Tue, Jun 06, 2023
Piramal Critical Care, a part of Piramal Pharma, on Tuesday said it has appointed Jeffrey Hampton as President and Chief Operating Officer (COO).
Thu, Dec 22, 2022
Founded in 2012, Piramal Realty is the real estate arm of the business conglomerate Piramal Group. It is one of the leading developers with 15 million square feet of residential and commercial under development in the Mumbai Metropolitan Region (MMR).
Thu, Nov 10, 2022
Stocks of Piramal Enterprises Ltd, NSE: Brokerage firm CLSA has downgraded its rating on Primal Enterprises to 'Underperform' from 'Buy' and has also reduced the target to Rs 900.
Thu, Feb 17, 2022
Market expert and IIF Securities Director Sanji Bhasin expects market sentiments to improve in a couple of days. He said that Nifty could trade between 17,500 - 17,700 without doing to much. The global uncertainilties is reflecting even in the domestic markets he said.
Wed, Sep 29, 2021
In a regulatory filing, Piramal Enterprises Ltd has announced that it has completed the acquisition of the troubled housing financing firm Dewan Housing Finance Corporation Ltd (DHFL).
Mon, Jan 30, 2017
Piramal Enterprises UK-based subsidiary Piramal Critical Care has entered into an agreement with Mallinckrodt for acquiring the drugs.
Wed, Aug 17, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this morning: 1. SGX Nifty in red amid weak global cues
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