Finance & Economy | News & Insights

GRASIM INDUSTRIES GET 16% PROFIT IN Q1

Published: August 26, 2022
Author: DIGITAL MEDIA EXECUTIVE

Grasim Industries Ltd. reported consolidated profit when tax for the primary quarter rose 16 PF to ₹1,933 crore. Consolidated revenue at ₹28,042 crore raised by forty first. . the corporate reported its highest-ever consolidated income at ₹5,233 crore up 100 percent YoY.

Standalone quarterly revenue grew ninety three to ₹7,253 crore whereas standalone profit climbed sixty eight to ₹809 crore.

The company aforesaid its VSF business reported a sales volume of one,97,000 tonnes in Q1FY23, up 76% YoY. The chlor-alkali and textiles businesses reported the highest-ever quarterly income and also the advanced material business reported volume growth of thirty fifth YoY. the corporate on a standalone basis continues at zero web debt and through FY23 it might have a capex of ₹6,720 crore, together with together with,Rs 3,542 crore for the paints business.

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