Piramal Enterprises Q3 net profit rises nearly 300% to 3,545 cr, revenue up 41%
The consolidated revenue from operations rose by 41.4 per cent to 3,231.64 crore as against 2,285.22 crore08-02-2023
08-02-2023
Q3FY23 Quarterly Result Announced for Piramal Enterprises Ltd.
Piramal Enterprises announced Q3FY23 results: Consolidated Q3FY23 & 9MFY23: Total Assets Under Management (AUM) stood at Rs 64,867 crore; retail lending grew to 43% of AUM, from 33% in Q3FY22. Profit After Tax (PAT) for the quarter stood at Rs 3,545 crore Retail business: 29% QoQ and 593% YoY growth in disbursements to Rs 5,111 crore; 29% YoY growth to Rs 27,896 crore in retail AUM. Wholesale business: Wholesale 1.0 AUM reduced by 20% YoY to Rs 35,101 crore; Built a Wholesale 2.0 AUM across real estate and Corporate Mid-Market Loans (CMML) of Rs 1,870 crore Net worth strengthened to Rs 31,241 crore from Rs 27,472 crore in Q2FY23; Cash and liquid investments of Rs 6,032 crore. Capital Adequacy Ratio of 31% on the consolidated balance sheet. Gross NPA Ratio stood at 4.0% with the Net NPA ratio at 1.7%. Ajay Piramal, Chairman, Piramal Enterprises Ltd., said, “Q3 performance is in line with our commitment towards building a large diversified NBFC, with Retail Lending comprising 2/3rd of the assets in the mid to long term. In retail, we have delivered sustained growth across key parameters over the last year. We continue to scale our technology-led multi-product franchise, focused on fulfilling the credit needs of the “Bharat” market. In wholesale, we have created a one-time additional provisioning buffer during the quarter and are now adequately provided towards Wholesale 1.0 AUM. Simultaneously, we are focused on building the new cash flow / asset-backed Wholesale 2.0 book across the real estate as well as corporate mid-market lending, by capitalizing on the market gap and leveraging our strengths. Our endeavor is to continue to create long-term value for stakeholders." Result PDF08-02-2023
PIRAMAL ENTERPRISES LTD. - 500302 - Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Nine Months Ended 31St December, 2022
Unaudited Financial Results (Standalone & Consolidated) for the quarter and nine months ended 31st December, 202208-02-2023
PIRAMAL ENTERPRISES LTD. - 500302 - Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Nine Months Ended 31St December, 2022
Unaudited Financial Results (Standalone & Consolidated) for the quarter and nine months ended 31st December, 202208-02-2023
PIRAMAL ENTERPRISES LTD. - 500302 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201506-02-2023
PIRAMAL ENTERPRISES LTD. - 500302 - Disclosure Under Regulation 30 Read With Regulation 31A Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended - Receipt Of Request Seeking Re-Classification From 'Promoter Group' Category To 'Public' Category Of Piramal Enterprises Limited
Disclosure under Regulation 30 read with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended - Receipt of request seeking re-classification from 'Promoter Group' category to 'Public' category of Piramal Enterprises Limited02-02-2023
PIRAMAL ENTERPRISES LTD. - 500302 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst/ Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.02-02-2023
PIRAMAL ENTERPRISES LTD. - 500302 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Conference Call with Investors/ Analysts under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201501-02-2023
PIRAMAL ENTERPRISES LTD. - 500302 - Board Meeting Intimation for Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements)Regulations, 2015.
PIRAMAL ENTERPRISES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/02/2023 ,inter alia, to consider and approve Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended 31st December, 2022. In this regard, we write to inform you that the 'Trading Window' for dealing in the securities of the Company has been closed from Sunday, 1st January, 2023 and will remain closed till Friday, 10th February, 2023 (both days inclusive).01-02-2023
PIRAMAL ENTERPRISES LTD. - 500302 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201501-02-2023