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Aditya Birla Group firm Grasim Industries Ltd on Monday reported a 13.3 per cent rise in its consolidated net profit to Rs 2,616.64 crore for the fourth quarter ended March 31. The company had posted a net profit of Rs 2,309.41 crore during the January-March quarter of the previous financial year, Grasim Industries said in a regulatory filing. Its revenue from operations during January-March 2021 jumped 26.1 per cent to Rs 24,398.92 crore, compared with Rs 19,349.54 crore in the year-ago period. There was a strong operational and financial performance by all the businesses in Q4FY21 , said Grasim Industries in a post-earning statement. However, it also added, While the signs of economic recovery picking up momentum was visible during the fourth quarter of 2020-21, the impact of the second wave of COVID-19 on the economic activity needs to be assessed.

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