Grasim Industries Ltd.

Grasim: VSF improves business, but cement a drag

21 May 10 10:32 AM
Grasim Industries improved its performance in the March 10 quarter, thanks to a strong performance in its VSF business, which helped the company’s standalone operating profit margin rise by 360 basis points Y-o-Y to 28.2%. Grasim’s net sales also increased 16.9% Y-o-Y to Rs 3,437.3 crore in the quar..