Grasim Industries reports 50% rise in Q2 consolidated net profit

28 Oct 2016

Grasim Industries has reported results for second quarter ended September 30, 2016.

The company has reported 55.23% rise in its net profit of Rs 592.27 crore for the quarter under review as compared to Rs 381.54 crore for the same quarter in the previous year. Total income of the company increased by 20.02% at Rs 3079.40 crore for the quarter under review as compared Rs 2565.79 crore for the corresponding quarter previous year.     

On the consolidated basis, the company has reported 50.40% rise in its net profit of Rs 845.96 crore for the quarter ended September 30, 2016 as compared to Rs 562.48 crore for the same quarter in the previous year. Total Income of the company has increased by 3.82% to Rs 9668.55 crore for the quarter under review from Rs 9312.93 crore for the quarter ended September 30, 2015. 

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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