Maruti Suzuki Latest Update

Financial Performance & Fundraising: Grasim Industries recently reported a narrowed net loss of ₹288 crore for Q4 FY25, an improvement from ₹441 crore in the same period last year, while revenue increased significantly by 32% to ₹8,926 crore. The company's Finance Committee has also approved a plan to issue non-convertible debentures (NCDs) worth up to ₹1,000 crore through private placement. For the full fiscal year FY25, Grasim's consolidated revenue reached a record ₹1.48 lakh crore, with a net profit of ₹3,902 crore. New Businesses and Expansion (Paints & B2B E-commerce): Grasim is actively expanding its new businesses. Its decorative paints brand, 'Birla Opus', has launched four out of six planned manufacturing plants and is rapidly expanding its portfolio and dealer network, aiming for a high single-digit market share and ₹10,000 crore turnover within three years. Additionally, 'Birla Pivot', their B2B online marketplace for building materials, has shown strong growth, achieving over ₹5,000 crore in annualized revenue run-rate and aiming for ₹8,500 crore by FY27, revolutionizing construction material procurement for MSMEs. Operational Highlights & Sustainability: Grasim's Viscose business achieved a top ranking in Canopy's Hot Button Report 2023 for its commitment to forest conservation and circular solutions. The company has also doubled its Speciality Chemicals capacity and its cement subsidiary, UltraTech Cement, continues significant capacity expansion. Grasim is focused on sustainability, with 11% of its power from renewable sources in Q3 FY24 and a long-term goal of achieving net zero emissions by FY 2049-50, supported by continuous investment in cleaner technologies and reduced GHG emissions.