BSE - Delayed Quote INR

Piramal Enterprises Limited (PEL.BO)

967.80

+20.65

+(2.18%)

At close: April 11 at 3:29:22 PM GMT+5:30

India's Piramal Enterprises hit with nearly $172 million tax bill for pharma deal

A tax office in the state of Maharashtra has asked the financial services company to pay 18% Goods and Services Tax (GST) on the deal, the latter said in the filing. The tax bill amounts to about 15% of its revenue for the fiscal year ended March 31, 2024. Piramal Enterprises said it has solid grounds to challenge the "unjustified" demand.

Reuters last month

PEL.BO
+2.18%
Piramal Enterprises Ltd (BOM:500302) Q2 2025 Earnings Call Highlights: Strong Retail AUM Growth ...

Piramal Enterprises Ltd (BOM:500302) reports robust retail lending growth and strategic measures to reduce legacy AUM amidst rising credit costs.

GuruFocus.com 5 months ago

PEL.BO
+2.18%
India's Piramal Enterprises posts Q4 profit on reversal of AIF provisions

India's Piramal Enterprises posted a profit for the fourth quarter on Wednesday as it reversed some funds set aside for its investments in Alternative Investment Funds (AIF). The non-banking financial company reported a consolidated profit of 1.37 billion rupees ($16.41 million) for the quarter ended March 31, aided by a one-time gain of 15.17 billion rupees due to the reversal of AIF provisions. The company had posted a loss of 23.78 billion rupees in the December quarter when it had set aside 35.40 billion rupees for such provisions.

Reuters 10 months ago

PEL.BO
+2.18%

Performance Overview

Return	PEL.BO	S&P BSE SENSEX (^BSESN)
YTD	-12.33%	-3.82%
1-Year	+11.05%	+0.16%
3-Year	-23.26%	+27.46%

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