Grasim Industries records 300% rise in second-quarter net profit
MUMBAI: Grasim Industries has posted a 55 per cent jump in net profit before exceptional items at Rs 130.3 crore for the second quarter against Rs 84 crore in the corresponding previous quarter. After exceptional items and taxes, net profit was up over 300 per cent. Net sales for the quarter was at Rs 1,112.9 crore, up just 0.4 per cent. DD Rathi, group executive president and CFO of Grasim, said,
