Grasim Q4 net seen down 3% at Rs 253 cr, margins likely at 19%

Grasim's standalone net profit may fall 3 percent at Rs 253 crore in January-March quarter from Rs 260.3 crore in last quarter. During the period, the company is likey to see total income fall by a marginal 1 percent at Rs 2311 crore against Rs 2343 crore on sequential basis.

According to a CNBC-TV18 poll, its operating profit may fall 5 percent at Rs 436 crore in Q4FY16 versus Rs 460.3 crore and operating profit margins may stand at 18.9 percent versus 19.6 percent year-on-year.

Margins may expand on annual basis but could contract quarter-on-quarter.

Benefit of merger with Aditya Birla Chemicals will flow in this quarter.