Piramal Pharma on Wednesday reported a consolidated net loss of Rs 37 crore for the second quarter ended September, as against a net profit of Rs 37 crore in the year-ago period. However, the company's revenue from operations grew to Rs 1,720 crore during the July-September quarter, from Rs 1,578 crore in the corresponding period of the previous fiscal. Nandini Piramal, Chairperson, Piramal Pharma Limited said, "We announce our first results post demerger as an independent and focused pharma company. Over the last 10 years, we have made several strategic choices that have helped nurture and scale our business and establish Piramal Pharma (PPL) as a leading global pharmaceuticals player." "For the quarter and half year ended September 2022, our business has delivered a resilient performance despite multiple internal and external challenges. We expect to deliver a much improved performance in the second half of the current financial year," she added. The National Company Law Tribunal

Prakash Pipes Ltd. is trading below all available SMAs

Prakash Pipes Ltd.

10 May 2022

401.30

5.00%

PPL Standalone March 2022 Net Sales at Rs 174.76 crore, up 29.8% Y-o-Y

Moneycontrol

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Prakash Pipes Ltd. is trading below all available SMAs

Prakash Pipes Ltd.

18 Mar 2021

401.30

5.00%

National Grid to buy UK utility business WPD for 7.8 billion pounds

Economic Times

PPL said in a separate statement that the WPD deal was valued at 14.4 billion pounds, including 6.6 billion pounds in debt. National Grid also said it would sell its Rhode Island utility business, the Narragansett Electric Company (NECO), to PPL for $3.8 billion.