{"id":136828,"date":"2022-11-14T08:04:58","date_gmt":"2022-11-14T13:04:58","guid":{"rendered":"https:\/\/44.250.171.167\/?p=136828"},"modified":"2022-11-14T08:04:59","modified_gmt":"2022-11-14T13:04:59","slug":"grasim-industries-q2fy23-17-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/grasim-industries-q2fy23-17-fall-in-profits\/","title":{"rendered":"Grasim Industries Q2FY23; 17% Fall in Profits"},"content":{"rendered":"\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/grasim\/\" target=\"_blank\" rel=\"noreferrer noopener\">Grasim Industries Ltd.<\/a>\u2018s revenue in Q2FY23 rose 22% to \u20b9 27,486 crores. Consolidated Profit came at \u20b9 1,097 crores showcasing a 17% fall YoY over the corresponding period.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-GRASIM.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"970\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-GRASIM-1024x970.jpg\" alt=\"\" class=\"wp-image-136829\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-GRASIM-1024x970.jpg 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-GRASIM-300x284.jpg 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-GRASIM-768x728.jpg 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-GRASIM.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>In this quarter\u2019s\u00a0<a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/5677266c-1143-4e6d-89fc-15c2631241d2.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">press release<\/a>, the reports suggested that the firm has observed a fall in profits due to a rise in expenses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grasim Industries Ltd.\u2018s revenue in Q2FY23 rose 22% to \u20b9 27,486 crores. Consolidated Profit came at \u20b9 1,097 crores showcasing a 17% fall YoY over the corresponding period. In this quarter\u2019s\u00a0press release, the reports suggested that the firm has observed a fall in profits due to a rise in expenses.<\/p>\n","protected":false},"author":1885,"featured_media":136829,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[9714],"class_list":["post-136828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-cement-producer"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-GRASIM.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152299,"url":"https:\/\/alphastreet.com\/india\/grasim-industries-ltd-q1fy24-7-fall-in-profits\/","url_meta":{"origin":136828,"position":0},"title":"Grasim Industries Ltd Q1FY24; 7% fall in Profits","author":"Hardik Bhandare","date":"August 10, 2023","format":false,"excerpt":"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\u2019s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. 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On standalone basis, GIL\u2019s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. 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On standalone basis, GIL\u2019s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. 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The company posted consolidated revenue of \u20b924,524 crores with a growth of 15% on a yearly basis. Grasim had a net profit of \u20b92,655 crores or \u20b926.56 per share compared to \u20b92,157 crores or \u20b921.14 per share in the same quarter of the\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/03\/Grasim-Industries-Limited-Q322.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/03\/Grasim-Industries-Limited-Q322.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/03\/Grasim-Industries-Limited-Q322.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/03\/Grasim-Industries-Limited-Q322.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/03\/Grasim-Industries-Limited-Q322.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/136828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=136828"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/136828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/136829"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=136828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=136828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=136828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}