ResultsBusiness Today
Grasim Q2 revenue hits record high, profit zooms 187%
Positive+100Company event
GreyOak summary
Grasim Industries reported record Q2 revenue of Rs 12,747 crore, a 33% year-on-year increase. Net profit rose 187% to Rs 2,306 crore, though the stock fell over 3% following the announcement. The profit surge included a dividend from UltraTech, while adjusted PAT jumped 289% before accounting for an Rs 825 crore impairment charge.
What it affects
- Grasim IndustriesGRASIMPositive +100
Revenue hit record high; profit surged 187%.Rolling sentiment Neutral 0
Source
Read the original at Business TodayMore Grasim Industries news
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