Grasim Industries Limited — Others, 22-05-2025: Appointment

Grasim Industries has announced a board meeting outcome approving its audited standalone and consolidated financial results for the year ending March 2025, with a proposed dividend of ₹10 per share pending shareholder approval. The company appointed M/s. Makarand M. Joshi & Co. as secretarial auditor for five years and announced Hemant Kumar Kadel as the new CFO from August, replacing Pavan Kumar Jain. Consolidated revenue rose to ₹1,48,478 crore while net profit fell to ₹7,756 crore. Key operational highlights include starting commercial production at five paint plants and consolidating UltraTech Cement’s position via acquisitions. Debt-equity stood at 1.16, supported by robust financing for capex and acquisitions, with auditors issuing clean reports.