Cement & Cement Products company Grasim Industries announced Q1FY25 results: Revenue: Consolidated revenue stood at Rs 33,861 crore, up 9% YoY; TTM revenue at Rs 1,33,774 crore Cement: Added new capacity of 8.7 Mn TPA, taking total grey cement capacity (domestic + overseas) to 154.9 Mn TPA Birla Opus: Market presence reached to over 3,300 cities and towns, getting good response from trade channels and consumers Financial Services: Total Lending Portfolio crossed Rs 1,25,000 crore, up 27% YoY Cellulosic Staple Fibre: Highest ever quarterly sales volumes at 212 KT, specialty share at 22% Chemicals: Speciality Chemicals revenue contribution improved to 30% and Chlorine Integration at highest levels of 65% Result PDF
Cement & Cement Products company Grasim Industries announced Q4FY24 & FY24 results: FY24 Financial Highlights: Consolidated revenue reached an all-time high of Rs 1,30,978 crore, up by 11% YoY, driven by strong underlying performance from its diversified businesses portfolio. Consolidated EBITDA for the year was at the highest ever level of Rs 20,837 crore Consolidated PAT stood at Rs 6,163 crore, up 14% excluding exceptional items charge of Rs 538 crore (net of minority interest). The Board of Directors of Grasim has recommended a dividend of Rs 10 per equity share of Rs 2 fully paid-up for the year ended 31st March 2024. Dividend on partly paid-up share will be in proportion to the paid-up value as on the record date. The total outflow on account of the dividend would be Rs 664 crore including the current paid up value of partly paid-up shares. Q4FY24 Financial Highlights: The Company’s consolidated revenue stood at its highest levels of Rs 37,727 crore, reflecting a growth of 13% YoY. Consolidated EBITDA for the quarter stood at an all-time high of Rs 6,196 crore, recording a growth of 27% YoY. Consolidated PAT stood at Rs 1,908 crore, up by 39% YoY excluding exceptional items charge of Rs 538 crore (net of minority interest). Result PDF
Conference Call with Grasim Industries Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.