Q3FY’24 Operational Revenue At Grasim Industries Grows 11.61%

Revenue from operations was up 11.61 percent year on year to Rs 31,965.48 crore at Grasim Industries during the third fiscal quarter ended December 31, 2023.

Total income amounted to Rs 32,221.97 crore, up 1.93 percent in the quarter under review, while total expenses stood at 28,749.44 crore.

However in the October to December quarter, the Aditya Birla Group company reported a 41.5 percent drop in consolidated net profit to Rs 2,603.43 crore as against Rs 4,454.59 crore in same quarter of earlier quarter.

Its revenue from the viscose-pulp, viscose staple fibre (VSF) and filament yarn segment in the reporting quarter amounted to Rs 3,714.58 crore.