Grasim Industries reports 17% surge in Q2 consolidated net profit

Grasim Industries has reported results for second quarter ended September 30, 2015.

The company has reported 12.97% rise its net profit at Rs 338.24 crore for the quarter ended September 30, 2015 as compared to Rs 299.41 crore for the same quarter in the previous year. The company’s total income has increased by 12.90% to Rs 2044.81 crore for the quarter under review from Rs 1811.23 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 17.32% rise in its net profit at Rs 488.50 crore for the quarter ended September 30, 2015 as compared to Rs 416.38 crore for the same quarter in the previous year. Total income of the company has increased by 5.40% at Rs 8479.93 crore for quarter under review as compared to Rs 8045.16 crore for the quarter ended September 30, 2014.