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Company Profile

GRASIM INDUSTRIES LTD.

NSE : GRASIMBSE : 500300ISIN CODE : INE047A01021Industry : DiversifiedHouse : Birla Aditya
BSE2470.0012.65 (+0.51 % )
PREV CLOSE (Rs.) 2457.35
OPEN PRICE (Rs.) 2474.75
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 23364
TODAY'S LOW / HIGH (Rs.)2454.10 2523.20
52 WK LOW / HIGH (Rs.)1691.24 2535.1
NSE2471.20 13.15 (+0.53 % )
PREV CLOSE(Rs.) 2458.05
OPEN PRICE (Rs.) 2458.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 2471.20 (748 )
VOLUME 1542911
TODAY'S LOW / HIGH(Rs.) 2450.00 2523.70
52 WK LOW / HIGH (Rs.)1689.28 2523.7

Company News

Date Heading Details
04-Jun-2024 Grasim Industries informs about certificate of interest payment of NCD <p style="text-align: justify;">Pursuant to Regulation 57(1) of the Listing Regulations and SEBI's Master Circular No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2024/48 dated 21st May 2024, Grasim Industries has informed that the Company has made full and timely payment of interest along with the principal amount thereof to the holders of 7.60% Fully paid-up, Unsecured, Redeemable, Non-Convertible Debentures of the Company bearing ISIN INE047A08158, today 4th June 2024 as per the details enclosed.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.<br></p><div style="text-align: justify;"><br></div>
29-May-2024 Grasim Industries informs about repayment of CP <p style="text-align: justify;">Pursuant to SEBI's Master Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated 22nd May 2024 and to its announcement dated 13th March 2024 in respect of record date for Commercial Papers (CP), Grasim Industries has informed that the Company has made full and timely re-payment to the holders of Commercial Paper (CP) today, 29th May 2024 as per the details enclosed.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
23-May-2024 Grasim Industries reports 16% rise in Q4 consolidated net profit <p style="text-align: justify;">Grasim Industries has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported net loss at Rs 440.93 crore for the quarter under review as compared to net profit at Rs 93.51 crore for the same quarter in the previous year. However, total income of the company increased by 3.93% at Rs 7,027.77 crore for Q4FY24 as compared Rs 6,762.25 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 15.54% rise in its net profit at Rs 2,721.81 crore for fourth quarter ended March 31, 2024 as compared to Rs 2,355.67 crore for the same quarter in the previous year. Total income of the company increased by 13.28% at Rs 38,154.36 crore for Q4FY24 as compared Rs 33,682.49 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 55.48% fall in its net profit at Rs 945.39 crore as compared to Rs 2,123.73 crore for the previous year. Total income of the company decreased by 2.70% at Rs 27,103.93 crore for year under review as compared to Rs 27,858.05 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 10.40% fall in its net profit at Rs 9,925.65 crore as compared to Rs 11,078.20 crore for the previous year. However, total income of the company increased by 9.08% at Rs 1,32,242.58 crore for year under review as compared to Rs 1,21,239.13 crore for year ended March 31, 2023.</p>
23-May-2024 Grasim Industries falls despite reporting 16% rise in Q4 consolidated net profit <p style="text-align: justify;">Grasim Industries is currently trading at Rs. 2430.70, down by 5.60 points or 0.23% from its previous closing of Rs. 2436.30 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 2438.85 and has touched a high and low of Rs. 2452.65 and Rs. 2398.10 respectively. So far 14793 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2535.10 on 18-May-2024 and a 52 week low of Rs. 1661.23 on 26-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2535.10 and Rs. 2376.45 respectively. The current market cap of the company is Rs. 165447.65 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 43.06%, while Institutions and Non-Institutions held 29.39% and 23.77% respectively.</p><p style="text-align: justify;">Grasim Industries has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported net loss at Rs 440.93 crore for the quarter under review as compared to net profit at Rs 93.51 crore for the same quarter in the previous year. However, total income of the company increased by 3.93% at Rs 7,027.77 crore for Q4FY24 as compared Rs 6,762.25 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 15.54% rise in its net profit at Rs 2,721.81 crore for fourth quarter ended March 31, 2024 as compared to Rs 2,355.67 crore for the same quarter in the previous year. Total income of the company increased by 13.28% at Rs 38,154.36 crore for Q4FY24 as compared Rs 33,682.49 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 55.48% fall in its net profit at Rs 945.39 crore as compared to Rs 2,123.73 crore for the previous year. Total income of the company decreased by 2.70% at Rs 27,103.93 crore for year under review as compared to Rs 27,858.05 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 10.40% fall in its net profit at Rs 9,925.65 crore as compared to Rs 11,078.20 crore for the previous year. However, total income of the company increased by 9.08% at Rs 1,32,242.58 crore for year under review as compared to Rs 1,21,239.13 crore for year ended March 31, 2023.</p>
14-May-2024 Grasim Industries informs about analysts meet <p style="text-align: justify;">Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Grasim Industries has informed that it has attached a communication being sent out to the Analysts / Institutional Investor regarding conference call on the Audited Financial Results of the Company for the quarter / financial year ended 31st March 2024.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div>
05-Apr-2024 Grasim Industries gets nod for acquisition of 26% stake in Clean Max Decimus <p style="text-align: justify;">Grasim Industries has received approval for the acquisition of 26% equity shares of Clean Max Decimus, a Special Purpose Vehicle (SPV) for generation and transmission of renewable energy.&nbsp; Objects of acquisition is to meet the green energy needs; optimise energy costs and comply with regulatory requirements for captive power consumption under electricity laws. Cost of acquisition is Rs 94.50 lakh. The Board of Directors of the company at its meeting held on April 4, 2024 has approved the same.&nbsp;</p><p style="text-align: justify;">Grasim Industries is the flagship company of the Aditya Birla Group. The company's businesses comprise viscose staple fibre, cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90% of its revenues and operating profits.</p><div style="text-align: justify;"><br></div>
19-Mar-2024 Grasim Industries raises first Sustainability Linked NCDs of Rs 1250 crore from IFC <p style="text-align: justify;">Grasim Industries has raised its first Sustainability Linked Non-Convertible Debentures (NCDs) of Rs 1250 crore (equivalent to approximately $150 million) from the International Finance Corporation (IFC). The Sustainability-Linked NCDs will support the company's investment in paint manufacturing. IFC's investment will accelerate Grasim's decarbonization drive through the increased adoption of renewable energy and water recycling in the paint manufacturing process.</p><p style="text-align: justify;">Grasim Industries is the flagship company of the Aditya Birla Group. The company's businesses comprise viscose staple fibre, cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90% of its revenues and operating profits.</p><div style="text-align: justify;"><br></div>
19-Mar-2024 Grasim Industries about informs investor presentation <p style="text-align: justify;">With reference to letter dated 8th March 2024 regarding intimation of schedule of Analysts / Institutional Investor Meeting to be held on 19th March 2024, Grasim Industries has informed that it enclosed the Investor presentation, which will be presented to the investors and also posted on its website www.grasim.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.&nbsp;</p>
19-Mar-2024 Grasim Industries informs about press release <div style="text-align: justify;">Grasim Industries has attached a press release with respect to Company raising its first Sustainability Linked Non-Convertible Debentures of Rs 1,250 crore from the International Finance Corporation, a member of the World Bank Group.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.&nbsp;</div><div style="text-align: justify;"><br></div>
22-Feb-2024 Grasim Industries to launch Birla Opus Paints business <p style="text-align: justify;">Grasim Industries is all set to launch Birla Opus Paints Business and inaugurate three Birla Opus Paints plants at Panipat (Haryana), Ludhiana (Punjab) and Cheyyar (Tamil Nadu) on February 22, 2024 from its Panipat plant.</p><p style="text-align: justify;">Grasim Industries is the flagship company of the Aditya Birla Group. The company's businesses comprise viscose staple fibre, cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90% of its revenues and operating profits.</p>