Grasim Industries Ltd on Saturday said its standalone net profit for 2015-16's third quarter grew by 177.93 percent at Rs.260.37 crore against Rs.93.68 crore posted in the same period of 2014-15.
Net profit grew by Rs.166.69 crore on a quarter-on-quarter basis.
According to the unaudited standalone financial results posted on the Bombay Stock Exchange (BSE), Grasim earned a total income of Rs.2,343.38 crore in the quarter under review against Rs.1,560.11 crore, while total expenses grew to Rs.2,006.11 crore from Rs.1,441.90 crore in Q3 2014-15.
On a consolidated basis, Grasim posted a net profit of Rs.649.59 crore compared to Rs.333.61 crore realised in the similar quarter of 2014-15.
Consolidated total income of the company rose to Rs.9,043.67 crore from Rs.8,034.61 crore in the year ago quarter while total expenses increased to Rs.7,811 crore from Rs.7,215.21 crore.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app