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 Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..