Grasim Industries Limited — Important, 27-02-2025: Updates

Grasim Industries has announced a board meeting to discuss the financial results for the quarter and half-year ended December 2024. The company reported a total revenue of ₹1,39,994 Cr. and EBITDA of ₹19,666 Cr. for the TTM period, showing resilience amidst a challenging market environment. Net profit after tax for the same period stood at ₹3,867 Cr.

Strategically, Grasim is focusing on capacity expansion in its key sectors, notably with a planned investment of ₹1,350 Cr. towards increasing its Lyocell production capacity. In the chemicals segment, the company is progressing with the construction of a 50 KTPA Epichlorohydrin plant aimed at enhancing chlorine integration.

The decorative paints business is gaining momentum, with robust sales growth expected as it heads towards achieving ₹10,000 Cr. in revenue. Investors should watch closely as Grasim continues to enhance its diversified portfolio and leverage growth opportunities in both established and emerging markets.