Piramal Enterprises PAT muted after MFI slippages, higher credit costs
Mumbai: Piramal Enterprises posted muted profit after tax in Q3 FY25 as strong loan growth was partially offset by higher provisions due to asset quality woes. The non-banking financial company (NBFC) made loan loss provisions of ₹648 crore during the quarter, up over two-fold on-quarter and over 2.5 times on-year. Of these provisions, ₹300 crore…