Grasim Industries Reports ₹234 Crore Quarterly Loss After Impairment
Grasim reported a net loss attributable to owners of ₹234 crore in the September quarter, versus a profit of ₹595 crore a year earlier. The loss was primarily due to a ₹767 crore impairment related to its Canadian pulp joint venture.
Grasim Industries, an Aditya Birla Group company, reported a net loss (attributable to owners) of ₹234 crore in the September quarter against a profit of ₹595 crore logged in the same period last year. The loss was primarily due to a ₹767 crore impairment related to its Canadian pulp joint venture…