Grasim Q1 profit rises 51% on cement, paints growth

Grasim is a very big company that makes cement, paint, and fibres used to make clothes.

It told everyone how much money it made in the last three months.

Its profit grew by more than half compared with the same time last year.

That is a huge amount of extra money.

Cement is its biggest business, and people are buying more of it.

Its paint brand, Birla Opus, is growing very fast too.

An online shopping business called Birla Pivot also did very well.

The company earned more from chemicals and clothing fibres because prices went up around the world.

Grasim is building more cement factories so it can sell even more in the future.

Overall, it was a very good quarter for the company.