GRM Overseas Ltd is primarily engaged in the business of milling, processing and marketing of branded and non-branded basmati rice in the domestic and overseas market.
Financial Results:
- GRM Overseas Ltd reported Revenues for Q2FY24 of ₹203.67 Crores down from ₹270.64 Crore year on year, a fall of 24.75%.
- Total Expenses for Q2FY24 of ₹200.72 Crores down from ₹252.43 Crores year on year, a fall of 20.48%.
- Consolidated Net Profit of ₹6.62 Crores down 51.54% from ₹13.66 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.10, down 51.75% from ₹2.28 in the same quarter of the previous year.