New Delhi, May 22 -- Grasim Industries, the flagship company of the Aditya Birla Group, reported a net loss of Rs.288 crore for Q4FY25, narrowing from Rs.441 crore in the year-ago period.
Revenue grew 31.9% year-on-year to Rs.8,926 crore, ahead of the estimated Rs.8,675 crore. However, operating performance lagged expectations. EBITDA came in at Rs.221 crore, down 58.1% from Rs.527 crore last year.
The board recommended a dividend of Rs.10 per equity share of face value Rs.2 each, applicable to both fully and partly paid-up shares proportionately, subject to shareholder approval at the upcoming AGM.
Of the Rs.10,000 crore capital expenditure, it has spent more than Rs.9,300 crore towards setting up six plants, five of which are operati...
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