Grasim Industries Reports 45.6% Profit Decline

21 Nov 2024 CW Team

Grasim Industries reported a significant 45.6% decline in its profit for the second quarter of FY25, with earnings falling to Rs 1,100 crore. The company attributed this drop to several factors, including a reduction in revenue and rising input costs that impacted its overall business performance. This decline is a sharp contrast to the previous quarter, where the company had posted stronger earnings.

The dip in profit comes as a result of challenges faced in both its cement and chemical divisions, key segments for Grasim Industries. In particular, the chemical sector witnessed margin pressure due to increased raw material prices and reduced demand in certain markets. Similarly, the cement division, which is a significant contributor to the company’s revenue, also faced headwinds due to volatile market conditions and rising fuel costs.

Despite the profit slump, Grasim remains optimistic about its long-term growth strategy, focusing on enhancing efficiency, expanding its product portfolio, and investing in sustainable growth. The company is also working towards reducing costs through operational efficiencies and leveraging its strong market position to weather economic fluctuations.

Investors and market analysts are closely monitoring Grasim’s ability to bounce back in the coming quarters, particularly as it navigates challenges in its core sectors. The company’s leadership is focused on reviving profit growth by diversifying its portfolio and reinforcing its commitment to sustainability.

Grasim Industries’ performance highlights the volatile nature of the current economic environment, with various sectors grappling with inflation, fluctuating demand, and rising operational costs. The company’s efforts to manage these challenges will be key to its future growth and financial stability.

Infrastructure Transport

17 Sep 2025

Gurgaon-Pataudi-Rewari Highway Set for Completion by December 2025

The National Highways Authority of India (NHAI) has set a new target to complete the four-lane Gurgaon-Pataudi-Rewari highway by December 2025, following a two-year delay.Originally planned in 2018 to upgrade the two-lane state highway into a national highway, the project is estimated to cost Rs 9 billion. Construction, which began in 2021, was initially scheduled for completion in November 2023. According to NHAI, around 70 per cent of the work is already complete, with two major structures still pending: a railway overbridge at Pahari village and a two-lane unidirectional flyover on Dwarka E..

UP Plans Rs 900 Million Extensions to Hindon Elevated Road

The Uttar Pradesh state bridge corporation has prepared the detailed project report and cost estimates for two proposed extensions of the 10.3-km Hindon elevated road, officials said on Thursday. The road connects Raj Nagar Extension to UP-Gate near the east Delhi border, and the project is expected to cost around Rs 900 million.The two extensions, each 400 metres long, will be added to the existing elevated road to ensure smoother traffic flow. “One of the extensions will be from near the Kanawani culvert (near Indirapuram) to the elevated road for commuters heading towards Delhi. The other..

Goa Likely to Miss October Deadline for Maritime Master Plan

Goa is expected to miss the October 31 deadline for submitting its maritime and waterways master plan, which covers the state’s 105 km coastline and river network. The delay is due to the project management consultant not yet being appointed. The plan is now anticipated to be completed by December, Captain of Ports Octavio Rodrigues stated at the India Maritime Week 2025 roadshow.“We have already selected the consultant and will bring them on board within a week. Only then can we begin drafting the master plan, which is essential to secure central government funding,” Rodrigues added.A c..