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Grasim Industries Q2 net loss at Rs 234 crore

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Grasim Industries reported a consolidated net loss of Rs 234 crore for the September quarter, down from a profit of Rs 595 crore a year earlier. This loss includes a Rs 767 crore exceptional charge for impairment in its Canadian pulp joint venture. Excluding this charge, the company's profit after tax was Rs 536 crore, while revenue rose 26% to Rs 50,105 crore.

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