In the reporting quarter, its earnings before interest, tax, depreciation and amortisation (EBITDA) went up slightly by 3 per cent from a fiscal ago period to Rs 1,531 crore.
Driven by a notable growth in its viscose staple fibre (VSF) business, Kumara Mangalam Birla led Grasim Industries reported a 15 per cent #
However, consolidated net profit for the quarter under review remained nearly unchanged at Rs 485 crore as against Rs 487 crore in the corresponding period of the previous fiscal.
Grasim had a net debt of Rs 5,296 crore as on June 30, 2015 and a debt to equity ratio of 0.17:1 and a debt to EBITDA ratio of 0.86:1. (AR)
ALCHEMPro News Desk – India
marketing@alchempro.com
