• Grasim Industries average return on equity for 2023 was 10.68, a 20.65% decline from 2022.
• Grasim Industries average return on equity for 2022 was 13.46, a 21.48% decline from 2021.
• Grasim Industries average return on equity for 2021 was 11.08, a 33.98% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.