Grasim Industries Limited Q4 results show a revenue rise from 31,609.45 to 33,682.49 crores, a 6.56% increase in growth. EPS also dropped from ₹20.85 to ₹38.33, down by 83.84%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Grasim Industries Ltd. shared its Q4 results on Friday. They earned 33,682.49 crores in revenue this quarter, but that’s higher than the 31,609.45 crores they made last quarter. The company’s growth increased by 6.56 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 1,368.92 crores, down from 2,515.78 crores in the previous quarter. Their quarter-to-quarter growth declined by 45.59 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹38.33, which is a decrease of 83.84% from the ₹20.85 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 1,21,239.13 crores this year (2023), which is 25.61 percent higher than last year’s total revenue of 96,522.47 crores.
This year’s PAT (Profit After Tax) is 6,827.26 crores, which is also 9.57% lower than last year’s PAT of 7,549.78 crores.
The EPS (Earnings Per Share) for this year is ₹103.98, which is 3.86% less than the EPS of ₹108.16 earned last year.
Grasim Industries Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹10 per Equity Share of Face Value of ₹2 each of the Company (500% of Face Value). Total Dividend for FY23 stood at ₹10 per Equity Share (Interim Dividend of ₹10 per Equity Share)
|₹10 per Equity Share||Coming Soon|
The record date for the dividend has not arrived yet.
About Grasim Industries:
Grasim Industries is a prominent global producer of Viscose Staple Fibre, holding a significant position as the largest Chlor-Alkali, Linen, and Insulators player in India. The company’s subsidiaries, UltraTech Cement and Aditya Birla Capital, further strengthen its presence by being India’s largest cement producer and a leading diversified financial services player, respectively.
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