29-01-2024 04:24 PM | Source: Reuters
India`s Piramal Enterprises swings to loss in Q3
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India's Piramal Enterprises on Monday swung to a net loss in the fiscal third quarter as it set aside more capital as provisions for its exposure to alternate investment funds.
Consolidated net loss stood at 23.78 billion rupees ($286.11 million) in the October-December period, compared to a profit of 35.45 billion rupees a year earlier.
($1 = 83.1160 Indian rupees)
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