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Grasim net up 55%

Mumbai, Oct. 25: Grasim Industries Ltd today announced better-than-expected results for the second quarter of the current fiscal year ended September 30 with net profit shooting up 55 per cent to Rs 130.3 crore against Rs 84 crore in the corresponding period of the previous year.

The bottomline growth is significant because the topline remained flat, rising 0.4 per cent to Rs 1112.9 crore against Rs 1108 crore same time last year.

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