Q1 Results: Grasim Industries’ Profit Falls On One-Time Exceptional Loss
A worker moves large spools of rayon yarn in the spinning area at a factory. (Photographer: Dadang Tri/Bloomberg)

Q1 Results: Grasim Industries’ Profit Falls On One-Time Exceptional Loss

Grasim Industries Ltd.’s profit fell in the quarter ended June, dragged by an exceptional loss on impairment of its payments bank venture.Net profit fell 68.6 percent year-on-year to Rs 201.7 crore...
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