“The Board has recommended a Final Dividend of Rs. 33/- (Rupees Thirty-Three only) per equity share of face value of Rs. 2/- each (i.e. @ 1,650%) for the financial year ended 31st March, 2022," the company informed in an exchange filing.
Piramal Enterprises Ltd (PEL) reported a consolidated net profit of ₹150.5 crore in the fourth quarter ended March 31, 2022. The company had posted a consolidated net loss of ₹510 crore in the same period previous fiscal.
The company's consolidated revenue from operations during the quarter under review stood at ₹4,162.9 crore, as against ₹3,401.5 crore in the corresponding period a year ago. Pharmaceuticals segment clocked revenue of ₹2,139 crore, while the financial services vertical registered ₹2,023 crore during the quarter.
Piramal Enterprises Limited (PEL) is one of India’s leading diversified companies, with a presence in Financial Services and Pharmaceuticals. Piramal shares are down more than 38% in 2022 (YTD) so far.
