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Piramal to focus on brownfield expansion, cut debt before acquisitions

By Livemint - 6 months ago
The company's net debt to Ebitda ratio as of 31 March 2024 was 2.9 times, lower from 5.6 times at the start of the financial year, as the company cut its debt to ₹3,932 crore from ₹4,781 crore at the end of FY23.

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