Piramal Enterprises Reports Q4 Earnings: A Mixed Bag
In its recent financial disclosure, Piramal Enterprises Ltd revealed its earnings for the fourth quarter of the fiscal year 2024-25, marking a notable shift in its financial landscape. While the company saw a decline in net profit, it also reported a significant increase in interest income, showcasing a mixed performance for the period ending March 31, 2025.
Decline in Net Profit
The financial results, announced on May 6, 2025, indicate that Piramal Enterprises experienced a 25% drop in net profit, amounting to ₹102.44 crore, compared to ₹137.09 crore during the same quarter last year. This decline raises questions about the company’s profitability amid changing market conditions.
- Net Profit: ₹102.44 crore (Q4 2024-25)
- Net Profit Previous Year: ₹137.09 crore (Q4 2023-24)
Strong Growth in Interest Income
On a brighter note, the non-banking financial company (NBFC) reported a 19% increase in interest income, reaching ₹2,263.6 crore for the quarter, up from ₹1,900.85 crore a year earlier. This growth indicates that while net profit may have taken a hit, the company is successfully generating more revenue from its lending activities.
- Interest Income: ₹2,263.6 crore (Q4 2024-25)
- Previous Year’s Interest Income: ₹1,900.85 crore (Q4 2023-24)
Final Dividend Announcement
In addition to its quarterly results, Piramal Enterprises declared a final dividend of 550%, equating to ₹11 per equity share with a face value of ₹2. This dividend, subject to shareholder approval at the upcoming 78th Annual General Meeting, reflects the company’s commitment to returning value to its investors.
- Dividend per Share: ₹11
- Previous Dividend: ₹10 per share (issued on July 5, 2024)
Stock Performance Insights
Following the results announcement, Piramal Enterprises shares closed at ₹964.75, a 4.25% decrease from the previous day’s closing of ₹1,007.55. Despite this dip, the stock has yielded over 8% returns over the past five years, though it has struggled in 2025 with a 12.43% decline year-to-date.
- Current Share Price: ₹964.75
- 52-Week High: ₹1,275.40 (December 12, 2024)
- 52-Week Low: ₹736.60 (June 4, 2024)
- Market Capitalization: ₹21,752.96 crore as of May 6, 2025
In essence, while Piramal Enterprises faces challenges reflected in its net profit figures, the growth in interest income and the declaration of dividends suggest a strategic approach to sustain shareholder value. As the company navigates through these results, investors will be keenly observing its performance in the upcoming quarters.
