Grasim Industries Limited reported a ~32% yoy increase in its consolidated net profit to ~Rs1506cr in Q4FY20 as against a net profit of ~Rs1144cr in the corresponding quarter of last fiscal. PAT margin increased by ~2% yoy to 7.5% in Q4FY20. Deferred tax amounting to ~Rs2267cr helped Grasim Industries post an impressive net profit for Q4FY20.
On a consolidated basis, EBITDA for the quarter ended March 2020, decreased by ~17% yoy to Rs4091.5cr. EBITDA margin declined by ~136bps yoy to ~21% in the same period. The decrease in EBITDA was primarily due to a decline in sales revenue.
For the fourth quarter of FY20, on a consolidated basis, Grasim Industries Limited reported a decrease of ~11% yoy in its revenue from sales. Sales revenue for Q4FY20 stood at ~Rs19902cr. The company’s operations were impacted due to covid-19 pandemic.
The board has recommended a dividend of 200% that is Rs4 per share (face value of Rs2 each), subject to the approval of shareholders in AGM.
|
Particulars |
Q4FY20 (Rs Crore) |
Q4FY19(Rs Crore) |
Var (%) |
|
Net Sales |
19901.54 |
22430.7 |
-11.28% |
|
Operating Profit |
4091.5 |
4916.2 |
-16.77% |
|
Net Profit |
1505.87 |
1143.65 |
31.67% |
|
PBDITM(%) |
20.6% |
21.9% |
-6.20% |
|
PATM(%) |
7.5% |
5.1% |
47.60% |
Related Tags:
