Grasim Industries Ltd.
12.35 (0.44%) Grasim Industries reports 27% fall in Q3 consolidated net profit
Date: 12-02-2020Grasim Industries has reported results for third quarter ended December 31, 2019.
The company has reported a fall of 69.63% in its net profit at Rs 184.67 crore for the quarter under review as compared to Rs 608.15 crore for the same quarter in the previous year. Total income of the company decreased by 14.97% at Rs 4580.16 crore for Q3FY20 as compared Rs 5386.46 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 27.38% in its net profit attributable to owners of the company at Rs 680.27 crore for the quarter under review as compared to Rs 936.81 crore for the same quarter in the previous year. Total income of the company decreased by 1.17% at Rs 19447.57 crore for Q3FY20 as compared Rs 19678.76 crore for the corresponding quarter previous year.