Grasim shares in focus after Q2 PAT declines 66% YoY
- Posted on November 18, 2024
- By Business News Today
- 4 Views
Grasim shares in focus after Q2 PAT declines 66% YoY
Grasim Industries witnessed a 66% decline in Q2 consolidated net profit, reaching Rs 389 crore, despite an 11% surge in revenue, reaching Rs 33,563 crore. This downturn is attributed to reduced profit margins in the cement sector and initial investments in the 'Birla Opus' paint business.
