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AlphaStreet Analysis

Grasim Industries Q2FY23; 17% Fall in Profits

Grasim Industries Ltd.‘s revenue in Q2FY23 rose 22% to ₹ 27,486 crores. Consolidated Profit came at ₹ 1,097 crores showcasing a 17% fall YoY over the corresponding period.

In this quarter’s press release, the reports suggested that the firm has observed a fall in profits due to a rise in expenses.

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