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Grasim Q4 net profit slides 25% to `507 cr

Aditya Birla Group firm Grasim Industries on Saturday reported a consolidated net profit of Rs 506.68 crore for the fourth quarter ended March. It had made a Rs 679.27-crore net profit a year ago.

Net sales stood at Rs 8,706.41 crore for the quarter against Rs 8,245.45 crore in the year-ago period, Grasim Industries said in a filing to BSE. For the full year ended March 31, the company posted a net profit of Rs 1,743.80 crore against Rs 2,071.54 crore for 2013-14.
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