Grasim Industries Ltd.
12.35 (0.44%) Grasim Industries reports 42% fall in Q3 consolidated net profit
Date: 09-02-2024Grasim Industries has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 8.18% fall in its net profit at Rs 236.31 crore for Q3FY24 as compared to Rs 257.36 crore for the same quarter in the previous year. However, total income of the company increased by 3.53% at Rs 6520.41 crore for Q3FY24 as compared Rs 6298.31 crore for corresponding quarter of the previous year.
On consolidated basis, the company has reported 41.56% fall in net profit at Rs 2603.43 crore for the third quarter ended December 31, 2023 as compared to Rs 4454.59 crore for the same quarter in the previous year. However, total income of the company increased by 1.94% at Rs 32221.97 crore for Q3FY24 as compared Rs 31609.45 crore for corresponding quarter of the previous year.