Piramal Enterprises reported a Q4 FY25 net profit of ~Rs 1 billion (previous quarter: ~Rs 386 million).
(Photo Source: Company website)
Piramal Enterprises aims to increase the share of unsecured business by ~4-4.5% in total AUM over the next two years. This shift is expected to be NIM accretive, contributing positively to margins. The company has a tax shield of Rs 145 billion, which will ensure that the PAT is equal to PBT for the next few years. Further, the company expects to receive deferred consideration of $120 million in FY26 from the sale of the Piramal imag...