Grasim profit drops 29% to Rs 1,844.3 cr in Q3 dragged by cement, investment in paints biz
Grasim profit drops 29% to Rs 1,844.3 cr in Q3 dragged by cement, investment in paints biz
Grasim Industries posted a 29.15% decline in its net profit to Rs 1,844.29 crore in Q3 2024. Revenue rose by 8.84% to Rs 34,792.85 crore. The decline in net profit was attributed to lower cement business realisations and investments in new ventures Birla Opus and Birla Pivot.
Grasim Industries posted a 29.15% decline in its net profit to Rs 1,844.29 crore in Q3 2024. Revenue rose by 8.84% to Rs 34,792.85 crore. The decline in net profit was attributed to lower cement business realisations and investments in new ventures Birla Opus and Birla Pivot.