Aditya Birla Group Company Announces Dividend Amid Financial Challenges
Grasim Industries Ltd. has reported its Q4 FY25 financial results, showing a net loss of ₹2.88 billion, significantly higher than the IBES estimated loss of ₹1.36 billion. Despite this, the company’s revenue from operations surged to ₹89.26 billion, exceeding market expectations of ₹87.50 billion. In a strategic leadership move, Grasim has appointed Hemant Kumar Kadel as its new Chief Financial Officer (CFO). Additionally, the company has declared a dividend of ₹10 per share, reinforcing its commitment to shareholder returns.
Key Highlights:
Revenue Growth: Grasim Industries reported ₹89.26 billion in revenue, surpassing the IBES estimate of ₹87.50 billion.
Net Loss: The company posted a ₹2.88 billion net loss, significantly higher than the projected ₹1.36 billion loss.
New CFO Appointment: Hemant Kumar Kadel has been appointed as the Chief Financial Officer, effective August 16, 2025.
Dividend Declaration: Grasim’s board has recommended a final dividend of ₹10 per share, subject to shareholder approval.
Market Outlook: Despite financial challenges, Grasim continues to focus on strategic expansion in paints, cement, and chemicals.
Grasim Industries remains a key player in India’s diversified industrial sector, with strong investments in building materials, financial services, and specialty chemicals. The latest financial results highlight both growth opportunities and profitability challenges, as the company navigates market volatility and expansion costs.
Source:
CNBC-TV18, Moneycontrol, Business World