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Grasim Industries consolidated PAT for Mar quarter up 32 pc to Rs 1,506 cr

On a standalone basis, the revenue and EBITDA for FY20 declined on account of general economic slowdown and start of the lockdown in major economies of the world

(From left to right)  Sushil Agarwal, CFO of Grasim, Kumar Mangalam Birla, Chairman, Aditya Birla Group and Dilip Gaur, MD, Grasim Industries at a press conference to announce merger of AB Nuvo and Grasim (Pic: Kamlesh Pednekar)
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The company is planning to spend Rs 7,800 crore for raising capacities in both the VSF and Chemical businesses, apart from ongoing modernisation capex at various plants

BS Reporter Mumbai
Aditya Birla Group's Grasim Industries on Saturday reported consolidated revenue of Rs 77,625 crore and EBITDA (earnings before interest, tax depreciation and amortisation) of Rs 13,846 crore respectively for the fiscal 2020. The company's consolidated profit after tax was Rs 4,425 crore --  a growth of 161 per cent YoY -- thanks to  write back of deferred tax liabilities and lower exceptional charge in the current year.

At the same time, the consolidated revenue and EBITDA for the March quarter of  FY20 stood at Rs 19,902 crore and Rs 3,243 crore respectively. The consolidated PAT for the March quarter was up