Piramal Enterprises Full Year 2024 Earnings: ₹72.82 loss per share (vs ₹418 profit in FY 2023)

Piramal Enterprises (NSE:PEL) Full Year 2024 Results

Key Financial Results

• Revenue: ₹65.7b (up 29% from FY 2023).
• Net loss: ₹16.8b (down by 117% from ₹99.7b profit in FY 2023).
• ₹72.82 loss per share (down from ₹418 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Piramal Enterprises Earnings Insights

Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Diversified Financial industry in India.

Performance of the Indian Diversified Financial industry.

The company's shares are down 13% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Piramal Enterprises (1 is concerning!) that you should be aware of before investing here.

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