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Grasim Industries net profit declines 65.02% in the March 2014 quarter

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Capital Market

Sales rise 11.03% to Rs 1528.35 crore

Net profit of Grasim Industries declined 65.02% to Rs 130.26 crore in the quarter ended March 2014 as against Rs 372.37 crore during the previous quarter ended March 2013. Sales rose 11.03% to Rs 1528.35 crore in the quarter ended March 2014 as against Rs 1376.48 crore during the previous quarter ended March 2013.

For the full year,net profit declined 26.92% to Rs 895.99 crore in the year ended March 2014 as against Rs 1225.99 crore during the previous year ended March 2013. Sales rose 6.89% to Rs 5538.61 crore in the year ended March 2014 as against Rs 5181.37 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1528.351376.48 11 5538.615181.37 7 OPM %10.3816.99 -15.5521.00 - PBDT210.72317.69 -34 1204.601483.66 -19 PBT147.20272.58 -46 984.991324.45 -26 NP130.26372.37 -65 895.991225.99 -27

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First Published: May 02 2014 | 8:06 AM IST

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