Grasim Industries shines on reporting 56% rise in Q4 consolidated net profit
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Grasim Industries is currently trading at Rs. 1440.00, up by 37.35 points or 2.66% from its previous closing of Rs. 1402.65 on the BSE.
The scrip opened at Rs. 1405.00 and has touched a high and low of Rs. 1444.00 and Rs. 1357.60 respectively. So far 35184 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1939.00 on 18-Jan-2022 and a 52 week low of Rs. 1354.00 on 25-May-2021.
Last one week high and low of the scrip stood at Rs. 1521.00 and Rs. 1357.60 respectively. The current market cap of the company is Rs. 94034.21 crore.
The promoters holding in the company stood at 42.76%, while Institutions and Non-Institutions held 27.14% and 26.24% respectively.
Grasim Industries has reported 2- fold jump in its net profit at Rs 1068.03 crore for the quarter ended March 31, 2022 as compared to Rs 480.19 crore for the same quarter in the previous year. Total income of the company increased by 44.82% at Rs 6463.79 crore for Q4FY22 as compared Rs 4463.40 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 55.56% in its net profit at Rs 4070.46 crore for the quarter under review as compared to Rs 2616.64 crore for the same quarter in the previous year. Total income of the company increased by 18.19% at Rs 28991.25 crore for Q4FY22 as compared Rs 24529.53 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported 3- fold jump in its net profit at Rs 3051.27 crore as compared to Rs 905.00 crore for the previous year. Total income of the company increased by 68.62% at Rs 21752.15 crore for year under review as compared to Rs 12900.04 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported 60.39% rise in its net profit at Rs 11206.29 crore as compared to Rs 6986.70 crore for the previous year. Total income of the company increased by 24.63% at Rs 96522.47 crore for year under review as compared to Rs 77449.77 crore for year ended March 31, 2021.
