Q1 Results: GRM Overseas net profit rises 3.33%

GRM Overseas, a key player in the FMCG sector, has declared its financial results for the first quarter of the financial results 2024-25.

The company has reported a net profit of Rs 18 crore, an increase from the Rs 17.4 crore reported in the same quarter of the previous fiscal year. 

The company's revenue from operations too witnessed a growth of 15 per cent, reaching Rs 370 crore for the quarter ended June 30, 2024. The company has reported Rs 320 crore revenue from operation in the corresponding period last year. 

The company's total expenses also rose, amounting to Rs 350.9 crore, up from Rs 302.6 crore.