Shares of Piramal Enterprises were trading at Rs2,783.40 per scrip on BSE, down 0.62% from the previous close. Photo: MintNew Delhi: Piramal Enterprises on Tuesday reported 21.37% rise in consolidated net profit to Rs490.47 crore for the December quarter on robust performance in financial services and pharmaceutical verticals. The company had posted a net profit of Rs404.08 crore in the year-ago period, Piramal Enterprises said in a filing to BSE. “The company announced 22% growth in total revenues at Rs2,858 crore and 21% increase in net profit at Rs490 crore for the third quarter of 2017-18,” chairman Ajay Piramal said. Shares of Piramal Enterprises were trading at Rs2,783.40 per scrip on BSE, down 0.62% from the previous close.

Source: Mint January 30, 2018 09:45 UTC