Grasim Industries Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting
22-05-2025 | 07:58 pm
22-05-2025 | 07:58 pm
Grasim Industries has announced a board meeting outcome approving its audited standalone and consolidated financial results for FY25. Consolidated revenue climbed 13% YoY to ₹148,478 crore, though net profit dipped 22% to ₹7,756 crore due to operational challenges and one-off costs. Cement and financial services remained strong, while the paint segment advanced with five new plants beginning commercial production. A dividend of ₹10 per share is proposed, pending shareholder approval. Hemant Kumar Kadel will take over as CFO from August 16, succeeding the retiring Pavan Kumar Jain. The Company Secretary resigned effective July 15.
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