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Grasim Industries reports 4.48% fall in Q1 consolidated net profit

28 Jul 2012 Evaluate

Grasim Industries has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has posted a fall of 13.11% in its net profit at Rs 272.94 crore for the quarter ended June 30, 2012 as compared to Rs 314.13 crore for the same quarter in the previous year. However, total income has increased by 17.68% at Rs 1323.45 crore for quarter under review as compared to Rs 1124.63 crore for the quarter ended June 30, 2011.

On consolidated basis, the company has posted a fall of 4.48% in its net profit at Rs 718.00 crore for the quarter ended June 30, 2012 as compared to Rs 751.67 crore for the same quarter in the previous year. However, total income has increased by 15.51% at Rs 6967.61 crore for quarter under review as compared to Rs 6032.00 crore for the quarter ended June 30, 2011.

Peers
Company Name CMP
Grasim Industries 3171.00
DCM Shriram 998.35
3M India 34233.10
Hindustan Foods 625.90
Balmer Lawrie & Co 168.10
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