Piramal Enterprises swung to a loss for the quarter ended September 2014. During the quarter, the company reported a loss of Rs 3,294.60 million compared with a profit of Rs 172.80 million in the same quarter previous year.
Net sales for the quarter rose 8.02% to Rs 5,518.40 million, compared with Rs 5,109 million for the prior year period.
Earnings per share stood negative at Rs 19.10 compared with Rs 1.00 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 5,518.40 | 5,108.80 | 8.02 |
| Net Profit | (3,294.60) | 172.80 | - |
| Basic EPS | (19.10) | 1.00 | - |
Shares of the company gained Rs 2.7, or 0.39%, to trade at Rs 688.00. The total volume of shares traded was 3,470 at the BSE (3.41 p.m., Tuesday).
