Piramal Enterprises Q1 Results: Net profit rises 52% to RS 276 Crore on improved margins, lower credit costs

The consolidated net profit in June quarter at Piramal Enterprises rose by 52% to RS 276 Crore, powered by lower credit costs and improved margins. “The strong (consolidated) profit growth this year is mainly driven by our retail activities, which registered a growth of 37% in AUM, the credit costs fell while the margins improved,” […]