Grasim Industries, part of the Aditya Birla group, has posted a rise of 60.51 per cent in its  consolidated net profit at Rs 780.77 crore for the quarter ended 30 September compared with Rs 486.43 crore in the previous corresponding quarter. The company’s net sales during the period grew to Rs 4,682.28 crore from Rs 4,449.04 crore last year, up 5.24 per cent.

Higher sales of cement supported with strong demand and signs of revival in the global textile markets proving good for the viscose staple fibre (VSF) business helped the Birla firm post good quarterly show. Decline in prices of raw material and energy costs too helped Grasim during the quarter. Its energy costs slipped to Rs 820.48 crore against Rs 884.55 crore, down 7.24 per cent. Similarly, expenditure on input costs dipped 26.53 per cent from Rs 1,104.09 crore to Rs 811.20 crore.

BSE  |  NSE Price

Also Read   Related Stories News Now - Madhucon Projects Q2 net dips 7% - GE Shipping Q2 net dips 82% to Rs 106 cr - GVK Power Q2 net surges 45% - ABB Q2 net declines 21% to Rs 83 cr - Nalco's Q2 net erodes 64% at Rs 159 cr - Mundra Port's Q1 net zooms 56%

Also Read   Related Stories News Now - Markets maintain momentum - Gold demand tepid as prices climb - Jolt for Congress in Maha legislative council polls - Jindal Steel buys 10% stake in Gujarat NRE's Aussie subsidiary - SJVN Q4 net jumps over 8% to Rs 120 cr More

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets maintain momentum - Gold demand tepid as prices climb - Jolt for Congress in Maha legislative council polls - Jindal Steel buys 10% stake in Gujarat NRE's Aussie subsidiary - SJVN Q4 net jumps over 8% to Rs 120 cr

Tags : Grasim Industrie | q2fy10 | earning | result   Read Business news in  Advertisements -  Journey on, We are by Your Side. Click here to know more -  2 Lac Apartments, 1 Lac House / Plots. Click here -  Help a Child Achieve her. Click to know more -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  Learn How One City is Running on FOOD SCRAPS. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More