Grasim Industries Limited is the flagship company of the Aditya Birla group, it ranks amongst India’s largest private sector companies. On standalone basis, GIL’s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. It also has certain other businesses such as fertiliser, textile, etc.
Financial Results:
- Grasim Industries Ltd reported Revenues for Q2FY24 of ₹30,221.00 Crores up from ₹27,486.00 Crore year on year, a rise of 9.95%.
- Total Expenses for Q2FY24 of ₹27,644.00 Crores up from ₹25,383.00 Crores year on year, a rise of 8.91%.
- Consolidated Net Profit of ₹2,024.00 Crores up 34.13% from ₹1,509.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹17.67, up 15.26% from ₹15.33 in the same quarter of the previous year.