Grasim Industries Latest Update

Grasim Industries announced strong consolidated Q4 FY25 results, with net profit up 9% to ₹1,496 crore and revenue surging 17% to ₹44,267 crore, driven by robust performance in building materials, chemicals, and financial services. The company also recommended a dividend of ₹10 per equity share for FY25. While standalone net loss narrowed to ₹288 crore, operational performance was impacted by significant investments in new businesses, particularly the decorative paints segment, Birla Opus. However, the paints business achieved a notable milestone, gaining over 10% market share in the organized decorative paints market when combining Birla Opus and Birla White Putty revenues for Q4 FY25. Five out of six planned paints plants are now operational, with the last one expected by September. For the full financial year (FY25), Grasim's profit declined by 13.4% due to higher interest and depreciation from these investments, but total revenue reached a record high of nearly ₹1.5 trillion, up 13.4% year-on-year. The company's chemicals business saw a 52% YoY increase in EBITDA, and its financial services arm, Aditya Birla Capital, reported strong growth in its lending portfolio and assets under management.