Grasim Industries Q3 net profit rises 48% on robust demand
Thu, Feb 8, 2024 9:46 PM

Grasim Industries Q3 net profit rises 48% on robust demand

A Flip by Shubhangi Gupta
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Grasim Industries, part of Aditya Birla Group, recorded a 48% growth in net profit for the quarter ended December 31, 2023, driven by strong demand for building materials and heavy infrastructure spending. Consolidated revenue was also up 11.6%, while cement sales are expected to continue rising due to government spending and housing demand. Lower prices affected standalone performance.

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