Grasim Industries reports 56% rise in Q4 consolidated net profit

24 May 2022 Evaluate

Grasim Industries has reported results for fourth quarter and year ended March 31, 2022.

The company has reported 2- fold jump in its net profit at Rs 1068.03 crore for the quarter under review as compared to Rs 480.19 crore for the same quarter in the previous year. Total income of the company increased by 44.82% at Rs 6463.79 crore for Q4FY22 as compared Rs 4463.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 55.56% in its net profit at Rs 4070.46 crore for the quarter under review as compared to Rs 2616.64 crore for the same quarter in the previous year. Total income of the company increased by 18.19% at Rs 28991.25 crore for Q4FY22 as compared Rs 24529.53 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported 3- fold jump in its net profit at Rs 3051.27 crore as compared to Rs 905.00 crore for the previous year. Total income of the company increased by 68.62% at Rs 21752.15 crore for year under review as compared to Rs 12900.04 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported 60.39% rise in its net profit at Rs 11206.29 crore as compared to Rs 6986.70 crore for the previous year. Total income of the company increased by 24.63% at Rs 96522.47 crore for year under review as compared to Rs 77449.77 crore for year ended March 31, 2021.

Grasim Industries Share Price

2493.85 -43.70 (-1.72%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Grasim Industries 2493.85
DCM Shriram 1065.45
Birla Corporation 1264.35
Surya Roshni 547.90
3M India 30745.80
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.