 "Grasim Industries net profit rises 2 times to Rs 1,384 crore in Q3")
Aditya Birla group’s Grasim Industries on Friday reported strong quarterly earnings, with its consolidated profit after tax going up two times to Rs 1,384 crore.
While consolidated Ebitda (earnings before interest, tax, depreciation and amortisation) at Rs 4,476 crore saw a jump of 52 per cent year-on-year, consolidated revenue was Rs 20,986 crore, up 13 per cent over the previous year.
All key businesses have outperformed pre-Covid operational levels, leveraging the synergy of a conglomerate and the energy of focused businesses, said a company statement.
While consolidated Ebitda (earnings before interest, tax, depreciation and amortisation) at Rs 4,476 crore saw a jump of 52 per cent year-on-year, consolidated revenue was Rs 20,986 crore, up 13 per cent over the previous year.
All key businesses have outperformed pre-Covid operational levels, leveraging the synergy of a conglomerate and the energy of focused businesses, said a company statement.
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