India’s Grasim Q3 profit soars, beats forecast
Grasim Industries Ltd said its quarterly net profit more than doubled on higher sales, beating market expectations. Grasim said its net profit rose to Rs4.11bn ($93 million) in its fiscal third-quarter ended December 31 from Rs1.62bn a year ago. The company said sales rose 37 per cent to Rs22.8bn from Rs16.6bn.
Published under Cement News
