Grasim Industries Ltd.

Grasim Industries has reported unaudited results for the first quarter ended June 30, 2011.

The company’s profit for the quarter ended June 30, 2011 has surged by 40.34% at Rs 314.13 crore as compared to Rs 223.83 crore for the corresponding quarter last year. Its total income has grown by 11.96% at Rs 1124.37 crore for the quarter under review from Rs 1004.25 crore for the same quarter last year.

On consolidated basis, the Group’s net profit for the quarter has jumped 30.59% at Rs 751.67 crore as compared to Rs 575.60 crore for the quarter ended June 30, 2010. Its total income has increased by 15.92% at Rs 6045.07 crore for the quarter under review as compared to Rs 5214.83 crore for the similar quarter of the previous year.