Piramal Glass nets Rs 12 cr

MUMBAI: Piramal Glass reported a consolidated net profit of Rs 12.2 crore for the January-March quarter compared with a loss of Rs 40.6 crore in the same period a year ago, led by decline in interest outgo and lower costs. Consolidated sales rose 8.4% to Rs 283.6 crore from Rs 261.7 crore.