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VSF business drives Grasim Inds Q1FY15 sales 15%
14 Aug '15
3 min read
In the reporting quarter, its earnings before interest, tax, depreciation and amortisation (EBITDA) went up slightly by 3 per cent from a fiscal ago period to Rs 1,531 crore.
However, consolidated net profit for the quarter under review remained nearly unchanged at Rs 485 crore as against Rs 487 crore in the corresponding period of the previous fiscal.
Grasim had a net debt of Rs 5,296 crore as on June 30, 2015 and a debt to equity ratio of 0.17:1 and a debt to EBITDA ratio of 0.86:1. (AR)
Fibre2Fashion News Desk – India
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