Grasim Industries Ltd on Saturday said its standalone net profit for 2015 - 16's third quarter grew by 177. 93 percent at Rs. 260. 37 crore against Rs. 93. 68 crore posted in the same period of 2014 - 15.
Net profit grew by Rs. 166. 69 crore on a quarter - on - quarter basis.
According to the unaudited standalone financial results posted on the Bombay Stock Exchange (BSE), Grasim earned a total income of Rs. 2, 343. 38 crore in the quarter under review against Rs. 1, 560. 11 crore, while total expenses grew to Rs. 2, 006. 11 crore from Rs. 1, 441. 90 crore in Q3 2014 - 15.
On a consolidated basis, Grasim posted a net profit of Rs. 649. 59 crore compared to Rs. 333. 61 crore realised in the similar quarter of 2014 - 15.
Consolidated total income of the company rose to Rs. 9, 043. 67 crore from Rs. 8, 034. 61 crore in the year ago quarter while total expenses increased to Rs. 7, 811 crore from Rs. 7, 215. 21 crore.