India's Grasim Industries swings to first-quarter profit as core business improves
12/08/2026 10:06
India's Grasim Industries swings to first-quarter profit as core business improves Aug 12 (Reuters) - India's Grasim Industries GRAS.NS swung to a standalone profit in the first quarter on Wednesday, helped by stronger earnings at its fibre business, which supplies materials used in textiles and clothing, and narrower losses at its newer ventures.
The Aditya Birla Group flagship's standalone net profit came in at 632.2 million rupees ($6.63 million) for the quarter ended June 30, compared with a net loss of 1.18 billion rupees a year earlier.
($1 = 95.4050 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru; Editing by Sherry Jacob-Phillips)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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