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News Grasim Industries raises sales in first quarter of 2024 financial year

Grasim Industries raises sales in first quarter of 2024 financial year

Written by Global Cement staff 11 August 2023
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India: Grasim Industries raised its sales during the first quarter of the 2024 financial year by 11% year-on-year, to US$3.57bn from US$3.39bn. Its net profit was US$311m, down by 7% from US$333m. During the quarter, Grasim Industries launched its Birla Pivot building materials e-commerce platform in Maharashtra, Madhya Pradesh and the National Capital Territory. The Hindu BusinessLine newspaper has reported that the company has a capital expenditure (CAPEX) budget of US$699m for the 2024 financial year.

Last modified on 16 August 2023
Published in Global Cement News
Tagged under
  • India
  • Sales
  • software
  • retail
  • Maharashtra
  • Madhya Pradesh
  • National Capital Region
  • capital expenditure
  • Investment
  • Budget
  • Grasim Industries
  • GCW621
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