{"id":152299,"date":"2023-08-10T06:52:26","date_gmt":"2023-08-10T10:52:26","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152299"},"modified":"2023-08-10T06:52:27","modified_gmt":"2023-08-10T10:52:27","slug":"grasim-industries-ltd-q1fy24-7-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/grasim-industries-ltd-q1fy24-7-fall-in-profits\/","title":{"rendered":"Grasim Industries Ltd Q1FY24; 7% fall in Profits"},"content":{"rendered":"<p>Grasim Industries Limited is the flagship company of the Aditya Birla group, it ranks amongst India&#8217;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. It also has certain other businesses such as fertiliser, textile, etc.<\/p>\n<p><br \/><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>Grasim Industries Ltd reported Revenues for Q1FY24 of \u20b931,065.00 Crores up from \u20b928,042.00 Crore year on year, a rise of 10.78%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b927,923.00 Crores up from \u20b924,394.00 Crores year on year, a rise of 14.47%.<\/li>\n<li>Consolidated Net Profit of \u20b92,576.00 Crores down 6.63% from \u20b92,759.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b923.94, down 18.49% from \u20b929.37 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-543-839x1024.png\" alt=\"\" class=\"wp-image-152300\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-543-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-543-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-543-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-543-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-543.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Grasim Industries Limited is the flagship company of the Aditya Birla group, it ranks amongst India&#8217;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. It also has certain other businesses such as fertiliser, textile, [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"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],"tags":[9713],"class_list":["post-152299","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-cement"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156758,"url":"https:\/\/alphastreet.com\/india\/grasim-industries-ltd-q2fy24-34-rise-in-profits\/","url_meta":{"origin":152299,"position":0},"title":"Grasim Industries Ltd Q2FY24; 34% rise in Profits","author":"Hardik Bhandare","date":"November 28, 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. 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