ALPHA TRIBE

Grasim Industries LimitedUpdates, 10-02-2025: Press Release

10-02-2025 | 07:48 pm

Consolidated revenue for Grasim Industries rose to ₹34,793 Cr., a 9% increase YoY, primarily driven by strong performance across key businesses. However, consolidated EBITDA decreased by 9% YoY to ₹4,668 Cr. due to lower realizations in cement and initial investments in the emerging paints sector, ‘Birla Opus.’ The company plans to establish a 110K TPA Lyocell capacity in Harihar, Karnataka, with an investment of ₹1,350 Cr., reinforcing its position in eco-friendly fiber production. Notably, the chemicals segment saw a 25% YoY increase in EBITDA, while financial services expanded their total lending portfolio by 27% YoY to ₹1,46,151 Cr. The outlook remains positive, with substantial investments aligning with the government’s vision for ‘Viksit Bharat’ and growth in infrastructure and manufacturing sectors.

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