grew profits

USAGE SUMMARY

The phrase "grew profits" is correct and usable in written English.
It can be used when discussing an increase in financial gains or earnings over a specific period. Example: "The company's strategic initiatives in the last quarter grew profits significantly, leading to a record high for the year."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

9 human-written examples

But while revenue grew, profits lagged behind.

The New York Times

The TV division grew profits by 30% to £4.4m, as revenues rose 8% to £16.6m.

The Guardian

But he added: "Our increasing scale and operational efficiencies meant that we still grew profits, albeit at a slower rate".

The Guardian - Business

Facebook, in contrast, grew profits for at least three years to $1 billion before it went public.

The Guardian - Tech

Worldwide's seven divisions either grew profits or reduced losses last year and four – all launched since Smith took charge – now account for 40% of turnover.

The Guardian

Consumer products, including lighting and appliances, grew profits 19% on flat revenue.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

It reported its first profitable year in 2001 and has posted growing profits since then.

Forbes

These actions will enable Standard Life to grow profits more strongly.

The Guardian - Business

However, the retailer is still growing profits and has become the most innovative in the market.

The Guardian - Business

(The takeover, if successful, would let the News Corporation finally consolidate Sky's growing profits on its balance sheet).

The New York Times

In other words, investors had to pay less of a premium to buy companies with growing profits.

The Economist

Expert writing Tips

Best practice

When using "grew profits", specify the period over which the profits increased (e.g., "grew profits by 15% this quarter").

Common error

Avoid stating simply that a company "grew profits" without indicating which specific divisions or strategies contributed to that growth. Provide context for the increase.

Linguistic Context

The phrase "grew profits" functions as a verb phrase where "grew" is the past tense of the verb "grow", indicating an action of increase, and "profits" is the noun representing financial gains. Ludwig indicates this phrase is correct and usable.

Expression frequency: Uncommon

Frequent in

News & Media

76%

Formal & Business

16%

Science

8%

Less common in

Encyclopedias

0%

Wiki

0%

Social Media

0%

Ludwig's WRAP-UP

The phrase "grew profits" is a grammatically correct and commonly used expression to describe an increase in a company's earnings. Ludwig AI validates its usability. It's most frequently found in news and business contexts. While there are several semantically related alternatives, such as "increased earnings" or "expanded profitability", the choice depends on the specific nuance you want to convey. When using "grew profits", it's best practice to specify the period and contributing factors for clarity. Avoid overgeneralizing the source of the profit growth to maintain precision and provide a deeper understanding of the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

saw profit growth

Rephrases the original phrase using a different verb.

increased earnings

Focuses specifically on the growth of earnings rather than overall profit.

realized higher profits

Highlights the actual realization of increased profits.

expanded profitability

Emphasizes the broader concept of profitability increasing.

boosted net income

Specifically refers to the increase in net income, a more technical financial term.

improved financial performance

A more general term indicating better financial results, not solely profit.

profitability surged

Conveys a rapid and significant increase in profitability.

enhanced revenue

Focuses on the increase in revenue, which contributes to profit but is not the same.

generated more revenue

Emphasizes the process of generating increased income.

yielded greater returns

Focuses on the returns generated from investments or business activities.

FAQs

What does it mean when a company "grows profits"?

When a company "grows profits", it means that its earnings or financial gains have increased over a specific period, indicating improved financial performance.

What can I say instead of "grew profits"?

You can use alternatives like "increased earnings", "expanded profitability", or "saw profit growth", depending on the context.

How do you measure if a company has "grown profits"?

Profit growth is typically measured by comparing a company's profits (net income or earnings) over two or more periods, such as comparing profits from one quarter to the same quarter in the previous year.

What factors can lead a company to "grow profits"?

Factors that can lead a company to "grow profits" include increased sales, reduced costs, improved efficiency, successful marketing campaigns, and favorable economic conditions.