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Grasim Q3 net rises 34.5%

Grasim Q3 net rises 34.5%
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First Published: Tue, Jan 22 2008. 02 24 PM IST
Updated: Tue, Jan 22 2008. 02 24 PM IST
Mumbai: Grasim Industries Ltd on Tuesday reported a 34.5% rise in quarterly net profit, slightly above analysts’ expectations, on the back of strong cement and viscose staple fibre sales.
Net profit rose to Rs554 crore ($140 million) in the fiscal third quarter ended 31 December from Rs412 crore in the same quarter a year earlier.
Net sales rose 15.4% to Rs26.30 billion from Rs22.80 billion.
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First Published: Tue, Jan 22 2008. 02 24 PM IST
More Topics: Grasim | Results | Q3 | Cement | Infrastructure |