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Grasim 2Q 2003-2004 net profit zooms 58% to Rup 2.02 bn.
(From Chemical Business NewsBase - Business Line)
Grasim Industries (Grasim) has recorded a 58% higher net profit at Rup 2.029 bn on net income from operations of Rup 11.77 bn for 2Q ended Sep 2003 as against its net profit of Rup 1.287 bn on net income from operations of Rup 11.12 bn in 2Q ended Sep 2002. Cement production was 9% higher and sales increased by 8% at Rup 5459.3 M for 2Q 2003-2004 (sales of cement at Rup 5115.5 M in 2Q 2002-2003). The revenues from the fibre and pulp segment declined to Rup 3968.1 M for 2Q …
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