Piramal Pharma Limited announced its audited financial results for the quarter and year ended March 31, 2026. The company reported standalone revenue of ₹1,489.06 crore for the final quarter. Additionally, the Board approved the re-appointment of senior leadership, including Chairperson Ms. Nandini Piramal and Executive Director Mr. Peter DeYoung, alongside strategic board appointments. The company also announced a change to its registered office address in Mumbai effective April 30, 2026.
Financial Performance Overview
For the quarter ended March 31, 2026, Piramal Pharma Limited reported standalone revenue from operations of ₹1,489.06 crore, with a profit after tax of ₹261.63 crore. For the full financial year 2026, the company achieved standalone revenue of ₹4,782.01 crore and a profit after tax of ₹700.01 crore. The financial statements for both standalone and consolidated entities received an unmodified opinion from the statutory auditors.
Strategic Leadership Re-appointments
The Board of Directors, following recommendations from the Nomination and Remuneration Committee, has approved several key leadership continuity measures:
- Ms. Nandini Piramal has been re-appointed as Whole-Time Director, designated as Executive Director and Chairperson, for a 3-year term effective April 1, 2027.
- Mr. Peter DeYoung has been re-appointed as Whole-Time Director and Executive Director for 3 years, effective October 6, 2026.
- Independent Directors Mr. Sridhar Gorthi and Mr. Peter Stevenson have been re-appointed for a second 5-year term, effective March 30, 2027.
Management and Operational Changes
The company announced the appointment of Mr. Maneesh Sharma as the new Company Secretary and Compliance Officer, effective April 29, 2026. He succeeds Ms. Pratibha Mishra, who served in an interim capacity.
Furthermore, the company is shifting its registered office address. Starting April 30, 2026, the new registered office will be located at Ananta Building, Piramal Corporate Park, Opp. Fire Brigade, Kamani Junction, LBS Marg, Kurla (West), Mumbai – 400070.
Source: BSE
