Grasim Industries spurts on reporting 79% rise in Q4 consolidated net profit

27 May 2019

Grasim Industries is currently trading at Rs. 919.80, up by 11.50 points or 1.27% from its previous closing of Rs. 908.30 on the BSE.

The scrip opened at Rs. 908.00 and has touched a high and low of Rs. 930.55 and Rs. 896.70 respectively. So far 19338 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1091.65 on 29-Aug-2018 and a 52 week low of Rs. 688.65 on 15-Feb-2019.

Last one week high and low of the scrip stood at Rs. 930.55 and Rs. 845.20 respectively. The current market cap of the company is Rs. 59730.63 crore.

The promoters holding in the company stood at 40.15%, while Institutions and Non-Institutions held 38.67% and 18.38% respectively.

Grasim Industries has reported a rise of 20.94% in its net profit at Rs 451.24 crore for the quarter ended March 31, 2019 under review as compared to Rs 373.12 crore for the same quarter in the previous year. Total income of the company increased by 15.85% at Rs 5,453.54 crore for Q4FY19 as compared Rs 4,707.53 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 79.45% in its net profit at Rs 1,531.86 crore for the quarter ended March 31, 2019 under review as compared to Rs 853.62 crore for the same quarter in the previous year. Total income of the company increased by 20.56% at Rs 21,174.10 crore for Q4FY19 as compared Rs 17,562.59 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a fall of 70.86% in its net profit at Rs 515.30 crore as compared to Rs 1,768.66 crore for the previous year. However, total income of the company increased by 28.02% at Rs 21,118.41 crore for year under review as compared to Rs 16,496.07 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 24.72% in its net profit at Rs 2,775.95 crore as compared to Rs 3,687.62 crore for the previous year. However, total income of the company increased by 27.43% at Rs 73,772.04 crore for year under review as compared to Rs 57,894.33 crore for year ended March 31, 2018.

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Grasim Industries Share Price

1344.70 5.80 (0.43%) Mar 08, 18:37
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Company Name CMP
Grasim Industries 1344.70
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SRF 5658.25
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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