Grasim Industries Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended Dec. 31, 2015. For the quarter, the Group reported net sales of INR 89,240.7 million, profit from operations before other income, finance costs and exceptional items of INR 12,326.7 million, profit from ordinary activities before tax of INR 11,184.4 million and net profit after taxes, minority interest and share of loss of associates of INR 6,495.9 million or INR 69.52 per diluted share (not annualized) compared to net sales of INR 78,865.9 million, profit from operations before other income, finance costs and exceptional items of INR 8,194.0 million, profit from ordinary activities before tax of INR 6,907.1 million and net profit after taxes, minority interest and share of loss of associates of INR 3,336.1 million or INR 36.28 per diluted share (not annualized) reported in the same period last year. Total income is INR 91,210.30 million for the quarter ended December 31, 2015 where as the same was at INR 80,916.20 million for the quarter ended December 31, 2014. Revenue was INR 90,440 million against INR 80,350 million reported last year. EBITDA was INR 17,950 million against INR 12,600 million reported last year.

For the nine months, the Group reported net sales of INR 263,212.7 million, profit from operations before other income, finance costs and exceptional items of INR 33,084.2 million, profit from ordinary activities before tax of INR 30,027.2 million and net profit after taxes, minority interest and share of loss of associates of INR 16,630.6 million or INR 178.00 per diluted share (not annualized) compared to net sales of INR 237,239.0 million, profit from operations before other income, finance costs and exceptional items of INR 24,504.7 million, profit from ordinary activities before tax of INR 23,944.4 million and net profit after taxes, minority interest and share of loss of associates of INR 12,371.2 million or INR 134.55 per diluted share (not annualized) reported in the same period last year. Revenue was INR 266,360 0 million against INR 240.210 million reported last year. EBITDA was INR 49,670 million against INR 40,250 million reported last year. Net debt at the end of the period was INR 58,330 million against INR 61,400 million reported a year ago. Capital expenditure was INR 19,400 million.

For the quarter, the parent company reported net sales of INR 23,119.6 million, profit from operations before other income, finance costs and exceptional items of INR 3,372.7 million, profit from ordinary activities before tax of INR 3,212.9 million and net profit of INR 2,603.7 million or INR 27.87 per diluted share (not annualized) compared to net sales of INR 15,441.4 million, profit from operations before other income, finance costs and exceptional items of INR 1,182.1 million, profit from ordinary activities before tax of INR 1,373.7 million and net profit of INR 936.8 million or INR 10.19 per diluted share (not annualized) reported in the same period last year. Total income is INR 23,669.50 million for the quarter ended December 31, 2015 where as the same was at INR 15,908.90 million for the quarter ended December 31, 2014. Revenue was INR 23,430 million against INR 45,990 million reported last year. EBITDA was INR 4,840 million against INR 2,120 million reported last year.

For the nine months, the parent company reported net sales of INR 63,577.8 million, profit from operations before other income, finance costs and exceptional items of INR 7,952.6 million, profit from ordinary activities before tax of INR 9,280.9 million and net profit of INR 7,446.8 million or INR 79.71 per diluted share (not annualized) compared to net sales of INR 45,507.5 million, profit from operations before other income, finance costs and exceptional items of INR 3,576.2 million, profit from ordinary activities before tax of INR 6,287.1 million and net profit of INR 4,989.3 million or INR 54.26 per diluted share (not annualized) reported in the same period last year. Revenue was INR 64,4000 million against INR 45,990 million reported last year. EBITDA was INR 13,670 million against INR 8,330 million reported last year. Net debt at the end of the period was INR 7,030 million against INR 190 million reported a year ago. Capital expenditure was INR 3,100 million.

For the fiscal year 2016, the company expects standalone capital expenditure of INR 4,500 million.

For the fiscal year 2016, the Group expects consolidated capital expenditure of INR 25,900 million.