Grasim Industries Ltd.
12.35 (0.44%) Grasim Industries reports 68% rise in Q3 consolidated net profit
Date: 14-02-2023Grasim Industries has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported fall of 50.74% in its net profit at Rs 257.36 crore for Q3FY23 as compared to Rs 522.47 crore for the corresponding quarter previous year. However, total income of the company increased by 8.12% to Rs 6298.31 crore for the quarter under review as compared to Rs 5825.29 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 67.75% in its net profit at Rs 4454.59 crore for Q3FY23 as compared to Rs 2655.45 crore for the same quarter in the previous year. Total income of the company increased by 28.89% to Rs 31609.45 crore for the quarter under review as compared to Rs 24523.78 crore for the same quarter in the previous year.