Grasim Industries declared their Q2 FY24 results on 13 Nov, 2023. The topline increased by 9.95% & the profit increased by 15.32% YoY. As compared to the previous quarter the revenue declined by 2.72% and the profit decreased by 26.18%.
The Selling, general & administrative expenses rose by 0.96% q-o-q & increased by 15.84% Y-o-Y.
The operating income was down by 7.09% q-o-q & increased by 41.93% Y-o-Y.
The EPS is ₹17.71 for Q2 FY24 which increased by 9.27% Y-o-Y.
Grasim Industries has delivered 0.38% return in the last 1 week, 11.28% return in last 6 months and 11.91% YTD return.
Currently the Grasim Industries has a market cap of ₹126564.4 Cr and 52wk high/low of ₹2022 & ₹1527.05 respectively.
As of 15 Nov, 2023 out of 9 analysts covering the company, 1 analyst has given Sell rating, 1 analyst has given Hold rating, 3 analysts have given Buy rating &4 analysts have given Strong Buy rating.
The consensus recommendation as on 15 Nov, 2023 was to Buy.
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 30220.68 | 31065.19 | -2.72% | 27485.54 | +9.95% |
| Selling/ General/ Admin Expenses Total | 7593.28 | 7521.3 | +0.96% | 6555.18 | +15.84% |
| Depreciation/ Amortization | 1245.15 | 1182.53 | +5.3% | 1116.05 | +11.57% |
| Total Operating Expense | 25413.15 | 25890.97 | -1.85% | 24098.34 | +5.46% |
| Operating Income | 4807.53 | 5174.22 | -7.09% | 3387.2 | +41.93% |
| Net Income Before Taxes | 2861.72 | 3437.87 | -16.76% | 2356.02 | +21.46% |
| Net Income | 1163.75 | 1576.47 | -26.18% | 1009.17 | +15.32% |
| Diluted Normalized EPS | 17.71 | 23.99 | -26.18% | 16.21 | +9.27% |
FAQs
Question : What is the Q2 FY24 profit/Loss as per company?
Ans : ₹1163.75Cr
Question : What is Q2 FY24 revenue?
Ans : ₹30220.68Cr
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Updated: 15 Nov 2023, 02:15 AM IST