Mumbai: Piramal Enterprises on Thursday reported a 10% rise in consolidated net profit at ₹799.39 crore for the quarter ended December 31, 2020. The company had posted a net profit of ₹724.19 crore in the corresponding period of previous fiscal, Piramal Enterprises said in a filing to the BSE. Piramal Enterprises Chairman Ajay Piramal said. In October, the company received ₹3,523.40 from Carlyle Group as proceeds from Pharma Fund raise, Piramal Enterprises said. Shares of Piramal Enterprises closed at ₹1,633.25 per scrip on the BSE, up 0.68% from its previous close.

Source: Mint February 11, 2021 15:45 UTC