Grasim Industries Ltd.
12.35 (0.44%) Grasim Industries reports 12% fall in Q1 consolidated net profit
Date: 09-08-2024Grasim Industries has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported net loss of Rs 52.12 crore for Q1FY25 as compared to net profit of Rs 355.27 crore for the same quarter in the previous year. However, total income of the company increased by 9.97% at Rs 6,987.00 crore for Q1FY25 as compared to Rs 6,353.41 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 11.98% fall in its net profit at Rs 2,267.74 crore for the quarter ended June 30, 2024 as compared to Rs 2,576.35 crore for the same quarter in the previous year. However, total income of the company increased by 8.93% at Rs 34,160.77 crore for Q1FY25 as compared to Rs 31,360.98 crore for the corresponding quarter previous year.