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Grasim Industries standalone net profit rises 72.68% in the March 2017 quarter

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Capital Market

Sales rise 13.11% to Rs 2876.13 crore

Net profit of Grasim Industries rose 72.68% to Rs 315.49 crore in the quarter ended March 2017 as against Rs 182.70 crore during the previous quarter ended March 2016. Sales rose 13.11% to Rs 2876.13 crore in the quarter ended March 2017 as against Rs 2542.87 crore during the previous quarter ended March 2016.

For the full year,net profit rose 60.72% to Rs 1560.00 crore in the year ended March 2017 as against Rs 970.64 crore during the previous year ended March 2016. Sales rose 15.35% to Rs 10345.65 crore in the year ended March 2017 as against Rs 8969.24 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2876.132542.87 13 10345.658969.24 15 OPM %18.2715.06 -20.8316.64 - PBDT547.56413.61 32 2571.081703.73 51 PBT434.29287.83 51 2124.941258.84 69 NP315.49182.70 73 1560.00970.64 61

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First Published: May 19 2017 | 5:24 PM IST

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