Piramal Enterprises Ltd. on Tuesday reported a 25% year-on-year decline in net profit to ₹102.44 crore for the quarter ended March 31, 2025 (Q4 FY25), compared to ₹137.09 crore in the same period last year. However, revenue from operations rose 15.35% YoY to ₹2,853.55 crore in Q4 FY25 from ₹2,473.29 crore in Q4 FY24.
Net interest income (NII) — calculated as interest income minus finance cost — stood at ₹846.91 crore for Q4 FY25, registering a 15.41% growth over ₹733.80 crore in Q4 FY24. For the full year, NII rose 7.05% to ₹3,179.49 crore from ₹2,969.98 crore in FY24.
The company’s full-year profit stood at ₹485.45 crore, compared to a loss of ₹1,683.53 crore in FY24, indicating a strong turnaround. Revenue from operations for the year increased to ₹10,269.56 crore, up from ₹10,020.27 crore in FY24.
On a sequential basis, net profit jumped 165.5% from ₹38.56 crore in Q3 FY25, while revenue saw a marginal uptick from ₹2,824.60 crore in the December 2024 quarter. Interest income rose to ₹2,263.60 crore in Q4 FY25 from ₹2,188.84 crore in Q3, while finance cost increased to ₹1,416.69 crore from ₹1,364.04 crore, leading to a QoQ NII growth of 5.6%.
In addition, the board has recommended a final dividend of ₹11 per equity share (face value ₹2 each), amounting to 550% for FY25. The dividend will be paid/dispatched post the company’s 78th Annual General Meeting, subject to shareholder approval.