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Grasim Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 12.75 %, QoQ Up 18.02 %

May 23, 2024May 23, 2024| adminadmin| 0 Comments| 2:55 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 12.75 % in the past year, substantial increase in net sales/revenue by 18.02 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 69.43 %. Marginal increase in other income during this quarter, up by 103.82%.
  • Profit over the Year and quarter: Significant improvement in profitability for Grasim Industries Ltd.,. Notable increase of 15.54 % in net profit Year to Year, Grasim Industries Ltd.,’s profitability increased by 4.55 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -0.77 % Year to Year. EPS decreased by -10.36 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Grasim Industries Ltd.,”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 33462.14 Cr Rs. 31965.48 Cr Rs. 37727.13 Cr + 18.02 % + 12.75 %
Expenses Rs. 30354.7 Cr Rs. 27072.37 Cr Rs. 31957.94 Cr + 18.05 % + 5.28 %
Operating Profit Rs. 3107.44 Cr Rs. 4893.11 Cr Rs. 5769.19 Cr + 17.9 % + 85.66 %
OPM % 9.29 % 15.31 % 15.29 % -0.02 % + 6 %
Other Income Rs. 307.59 Cr Rs. 255.7 Cr Rs. 521.16 Cr + 103.82 % + 69.43 %
Interest Rs. 0 Cr Rs. 432.64 Cr Rs. 463.3 Cr + 7.09 % 0 %
Depreciation Rs. 0 Cr Rs. 1244.43 Cr Rs. 1329.22 Cr + 6.81 % 0 %
Profit before tax Rs. 3415.03 Cr Rs. 3471.74 Cr Rs. 4497.83 Cr + 29.56 % + 31.71 %
Tax % 31.83 % 25.01 % 31.47 % + 6.46 % -0.36 %
Net Profit Rs. 2355.67 Cr Rs. 2603.43 Cr Rs. 2721.81 Cr + 4.55 % + 15.54 %
EPS in Rs Rs. 20.83 Rs. 23.05 Rs. 20.65 -10.41 % -0.86 %


Today, we’re looking at Grasim Industries Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.75 %. However, it did see a marginal increase of 18.02 % from the previous quarter. Expenses ticked up slightly by 18.05 % quarter-on-quarter, aligning with the annual rise of 5.28 %. Operating profit, while up 85.66 % compared to last year, faced a quarter-on-quarter increase of 17.9 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 6 %, but a shrinkage of -0.02 % sequentially. Other income rose by 103.82 % compared to the last quarter, despite an annual growth of 69.43 %. Interest expenses surged remarkably by 7.09 % from the previous quarter, Depreciation costs climbed by 6.81 % quarter-on-quarter, Profit before tax grew annually by 31.71 % but saw an increase from the preceding quarter by 29.56 %.
Tax expenses as a percentage of profits decreased slightly by -0.36 % compared to last year, with a more notable quarter-on-quarter increase of 6.46 %. Net profit rose by 15.54 % year-on-year but experienced a 4.55 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -0.86 % but a quarterly fall of -10.41 %. In summary, Grasim Industries Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 33462.14 Cr Rs. 31965.48 Cr Rs. 37727.13 Cr + 18.02 % + 12.75 %
Expenses Rs. 30354.7 Cr Rs. 27072.37 Cr Rs. 31957.94 Cr + 18.05 % + 5.28 %
Operating Profit Rs. 3107.44 Cr Rs. 4893.11 Cr Rs. 5769.19 Cr + 17.9 % + 85.66 %
Net Profit Rs. 2355.67 Cr Rs. 2603.43 Cr Rs. 2721.81 Cr + 4.55 % + 15.54 %
EPS in Rs Rs. 20.83 Rs. 23.05 Rs. 20.65 -10.41 % -0.86 %


In reviewing Grasim Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.75 % year-on-year growth, however, there was a minor increase of 18.02 % from the previous quarter. Expenses rose by 5.28 % compared to the previous year, with a 18.05 % increase quarter-on-quarter. Operating Profit surged by 85.66 % annually, and saw a 17.9 % increase from the last quarter.
Net Profit showed yearly increase of 15.54 %, and experienced a 4.55 % increase from the previous quarter. Earnings Per Share (EPS) fell by -0.86 % annually, however dipped by -10.41 % compared to the last quarter. In essence, while Grasim Industries Ltd., exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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