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Grasim Industries reports 34% rise in Q2 consolidated net profit

15 Nov 2023 Evaluate

Grasim Industries has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 17.58% fall in its net profit at Rs 794.74 crore for the quarter under review as compared to Rs 964.30 crore for the same quarter in the previous year. Total income of the company decreased by 3.98% at Rs 7,202.34 crore for Q2FY24 as compared to Rs 7,500.75 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 34.11% rise in its net profit at Rs 2,024.05 crore for Q2FY24 as compared to Rs 1,509.19 crore for the same quarter in the previous year. Total income of the company increased by 9.98% at Rs 30505.27 crore for Q2FY24 as compared to Rs 27,737.58 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Grasim Industries 2907.00
DCM Shriram 909.85
3M India 28633.25
Hindustan Foods 546.80
Balmer Lawrie & Co 155.10
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