Grasim Q1 profit up 34 pc to ₹2,767 cr, revenue rises to ₹40,118 cr

The new Delhi, 8 Aug (PTI) Aditya Birla Group Firm Grasim Industries Ltd, 33.9 percent increase in net profit. La2.767.08 Crore for the June quarter of the 26 fiscal year through higher profitability and multi -faceted growth in cement and chemical enterprises.

The company reported a clear profit LaAccording to a regulatory file, 2,065.97 Crore for a year ago for April-June.

Increased income from operations with an increase of 15.9 percent La40,118.08 MY26 June quarter. The same thing stopped La34,609.75 Crore corresponding to a year ago.

Grasim said that about 16 percent growth is “caused by multi -faceted growth in key enterprises”.

“Consolidated EBITDA (pre -interest earnings, taxes, depreciation and depreciation) La6.430 Crore, mainly, has grown 36 percent (YOY) annually with the first investments in line with our expectations, Birla Opus, which is mainly overlooked in cement and chemical enterprises and a paint business that looks at a powerful consumer. ”

Grasim’s total costs of Grasim, which controls companies as Ultratech, Aditya Birla Capital, and businesses such as textiles, chemicals and building materials LaIn June quarter, an increase of 13.9 percent and 36.656.89 Crore.

The total income of the company, which contains other income, increased by 15.89 percent. La40.460.18 Crore in June quarter.

First of all, on an independent basis, including India, Grasim’s income from operations rose to 33.8 percent. La9,223.13 Crore.

This was “managed with high growth from new enterprises: Paints and B2B E -commerce merged with stable nuclei enterprises: cellulosic fibers and chemicals”.

Grasim in the segment, the income from the cellulosic fiber increased by 6.76 percent, he said. La4.043.27 Crore.

“Domestic CSF (cellulosic staple fiber) sales volumes increased by 2 percent, but the overall CSF sales volume fell by 1 percent in 209 KT due to lower exports.” He said.

CFY (cellulosic fashion yarn) business, 6 percent volume growth recorded, while realizations were under pressure due to low -priced imports from China.

In the segment, the higher key entry prices, which are partially transferred, led to a 20 percent decrease in FAVÖK. La322 Crore.

Income from the chemical segment increased by 15.7 percent La2,390.57 Crore in June quarter.

“FAVÖK increased by 36 percent La422 Crore due to higher volume and advanced realization in better profitability of Costic Soda and Chlorine derivatives. ”

The income from the building material business was reported to increase by 22 percent. La23.732.93 Crore. HE LaA year ago in April-June 19.450.19 Crore.

Grasim’s ‘Building Materials’ cement business Ultratech consists of OPUS and B2B e-commerce Birla Pivot.

“Consolidation sales volumes of cement business increased by 9.7 percent to 36.83 mt and ready -mixed concrete sales volumes increased by 20 percent. Ultratech building solutions (UBS) increased to 4.802 and contributed to 21 percent of the total domestic gray cement sales volume.” He said.

Decorative paints Business Birla Opus reported double -digit growth in income on a quarter -quarter (QOQ) basis.

Similarly, the income from the financial services segment – Aditya Birla Capital Ltd (ABCL) – rose to 7.73 percent. La9.487.92 Crore. HE La8.806.85 Crore in June quarter a year ago.

“General Laying Portfolio (NBFC and HFC) increased by 30 percent La1,65,832 Crore. Total AUM (AMC, Life Insurance and Health Insurance) Grew by 20 percent La5,53.504 Crore, dedi he said.

Grasim’s income from other enterprises containing textile, renewable energy and insulators increased by 8.41 percent La865.18 Crore in the quarter.

At a glance, the company said that it stops winning significantly from India’s wide -based economic momentum.

“The government’s ambitious agenda for a Vikitis Bharat based on infrastructure expansion, resurrection in domestic production, formalization of the financial system and rising disposable income, constantly creates an efficient ground for demand,” he said.

Grasim Industries Ltd Shares on Friday La2,690.20 in BSE fell 1.94 percent of the previous closing.