GRASIM
Active threads
Grasim Industries Q1 net profit rises 39% to ₹3,846 crore
Grasim Industries, an Aditya Birla Group company, reported that its net profit in the June quarter increased 39 per cent to ₹3,846 crore against ₹2,771 crore logged in the same period last year on better realisation and higher demand. Revenue was up 21 per cent at ₹48,716 crore (₹40,118 crore). EBITDA jumped 26 per cent to highest-ever of ₹8,077 crore, driven by higher realisation and cost efficiencies across businesses.
Grasim Q1 profit jumps 51% on cement, Birla Opus growth
3 Min Read Grasim Industries reported a strong start to FY27 on Wednesday, with consolidated net profit rising 51% year-on-year to ₹2,146 crore, compared with ₹1,420.5 crore a year ago. Revenue grew 21.4% to ₹48,716 crore, while EBITDA rose 27.7% to ₹7,772 crore, helped by stronger operating performance across businesses and cost efficiencies. EBITDA margin improved to 16% from 15% a year ago.
Aditya Birla Group introduces brand royalty framework for subsidiaries
1 Min Read Shares of Aditya Birla Group companies are in focus on Thursday, August 13, after the group introduced a brand royalty framework for its listed subsidiaries. Under the new framework, group companies will pay the promoter group for the use of the Aditya Birla brand, with royalty applicable from June 1, 2026. The royalty will be charged at 0.25% of revenue, subject to an annual cap of ₹225 crore.
Vedanta seeks 13,500 crore loan
Vedanta Aluminium is pursuing a substantial 13,500 crore loan to support its operations. The company has been actively engaging with financial institutions.
Intelligence feed
No articles in the last 24 hours.