Grasim Industries return on tangible equity for the quarter ending December 31, 2024 was 4.81.
Grasim Industries average return on tangible equity for 2023 was 13.92, a 22.75% decline from 2022.
Grasim Industries average return on tangible equity for 2022 was 18.02, a 16.03% decline from 2021.
Grasim Industries average return on tangible equity for 2021 was 15.53, a 25.85% increase from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.