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Hot Pursuit
12-Dec-24
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Grasim Inds board OKs Rs 2,000-cr NCD issue
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Grasim Industries informed that the finance committee of its board has approved the issuance of non-convertible debentures on private placement basis, for an amount upto Rs 2,000 crore, in one or more tranches.
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Grasim Industries, a flagship company of the Aditya Birla Group, is a leading diversified player with leadership presence across many sectors. It is a leading global producer of viscose staple fibre and viscose filament yarn, the largest chlor-alkali, advanced material, linen yarn and fabrics producer in India. The company recently has entered paints business and setting up six plants across pan India locations.
The company’s consolidated net profit to Rs 389.90 crore in Q2 FY25 as compared with Rs 1,163.75 crore posted in Q2 FY24. Revenue from operations increased 11.06% YoY to Rs 33,562.85 crore in second quarter of FY25, driven by the superior performance of financial services, cellulosic staple fibre and specialty chemicals businesses.
The counter declined 0.58% to Rs 2,655 on the BSE.
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Previous News |
Grasim Industries slides on reporting minor safety incident at Karnataka Plant
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Hot Pursuit
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13-Jan-25
10:04
)
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Grasim Industries repays CPs of Rs 500 cr
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Corporate News
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10-Jan-25
18:26
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Grasim Industries allots NCDs aggregating Rs 2,000 cr
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Corporate News
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19-Dec-24
14:45
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Grasim Inds board OKs Rs 2,000-cr NCD issue
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Hot Pursuit
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12-Dec-24
09:41
)
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Grasim Industries repays CPs of Rs 500 cr
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Corporate News
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10-Dec-24
17:47
)
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Grasim Industries repays commercial paper of Rs 400 cr
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Corporate News
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03-Dec-24
18:38
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Grasim Industries
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Results
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Analysis
19-Nov-24
09:27
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Birla Opus Paints unveils its 4th plant at Chamarajnagar, Mysore
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Corporate News
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19-Nov-24
19:07
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Grasim Inds PAT slumps 67% YoY to Rs 390 crore in Q2
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Hot Pursuit
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15-Nov-24
13:30
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Grasim Industries consolidated net profit declines 66.50% in the September 2024 quarter
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Results
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Announcements
15-Nov-24
07:45
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Grasim Industries allots 30,440 equity shares under ESOS
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Corporate News
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22-Oct-24
18:35
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