Piramal Enterprises swings to black in Q2 on loan growth

November 10, 2023

The company reported a net profit of ₹48 crore in the quarter ended September from a loss of ₹1,536 crore a year earlier after adjusting for the one-time refund of ₹64 crore to investors of the Indiareit PMS as per the Delhi High Court order.

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Banks’ mutual fund investments jumped 91% year on year to Rs 1,19,863 crore as on March 21, 2025, from Rs 62,499 crore on March 22,

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