Grasim Industries today reported a 6.87% decline in consolidated net profit at Rs 200.42 crore for the second quarter ended September 30, 2005 as against Rs 215.21 crore in the quarter ended September 30, 2004.According to a release issued by Grasim Industries to the BSE today, total income increased 4.97% to Rs 2,372.34 crore in Q2FY06 from Rs 2,259.90 crore in Q2FY05.