Grasim Industries Ltd.

Grasim Industries has reported results for first quarter ended June 30, 2014.

The company’s net profit has declined by 53.20% at Rs 105.84 crore as compared to Rs 226.13 crore for the quarter ended June 30, 2013. However, the company’s total income has increased by 20.02% to Rs 1493.92 crore for the quarter under review from Rs 1244.70 crore for the corresponding quarter of the previous year.

On the consolidated basis, the Group has reported 20.14% fall in its net profit after taxes & Minority interest at Rs 487.13 crore for the quarter as compared to Rs 610.01 crore for the same quarter in the previous year. However, its consolidated total income has increased by 15.93% at Rs 8314.07 crore for quarter under review as compared to Rs 7171.45 crore for the quarter ended June 30, 2013.