ALPHA TRIBE

Grasim Industries LimitedImportant, 22-05-2025: Updates

22-05-2025 | 08:21 pm

Grasim Industries reported a consolidated net profit of ₹7,756 Cr for FY25, with standalone net profit at ₹212 Cr. Exceptional charges of ₹114 Cr were due to impairment in a JV and CWIP write-offs. The company ramped up capacity with five new paint plants starting commercial production. The UltraTech Cement merger with Kesoram’s cement division has expanded operations but increased complexity. Leadership changes include Hemant Kumar Kadel as incoming CFO and the resignation of Company Secretary Sailesh Kumar Daga.

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