Grasim Industries Ltd.

Grasim Industries has reported results for second quarter ended September 30, 2019.

The company has reported a net profit of Rs 526.49 crore for the quarter under review as compared to net loss of Rs 1186.66 crore for the same quarter in the previous year. However,total income of the company decreased by 5.73% at Rs 5083.64 crore for Q2FY20 as compared Rs 5392.57 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net profit of Rs 1472.77 crore for the quarter under review as compared to net loss of Rs 1319.79 crore for the same quarter in the previous year. Total income of the company increased by 2.80% at Rs 18652.86 crore for Q2FY20 as compared Rs 18143.98 crore for the corresponding quarter previous year.