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Grasim Industries Posts Jump in Fiscal Q4 Consolidated Profit

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Grasim Industries (NSE:GRASIM, BOM:500300) recorded a rise in its consolidated attributable profit to 19.6 billion Indian rupees in the fiscal fourth quarter ended March 31 from 15.0 billion rupees a year ago.

Earnings per share climbed to 28.84 rupees from the year-ago figure of 22.19 rupees, according to a Wednesday filing to the Indian stock exchanges by the manufacturing conglomerate.

Revenue from operations in fiscal Q4 increased to 511.0 billion rupees from 442.7 billion rupees a year earlier.

The company's board recommended a dividend of 10 rupees per share for the fiscal year ended March 31.

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