Grasim's FY24 Revenue Hits Rs.1.30 Trillion, Boosted by Cement

23 Aug 2024 CW Team

Grasim Industries has reported impressive financial results for the fiscal year 2024, recording a revenue of ?1.30 trillion. The significant growth was primarily driven by the company's robust performance in the cement business, contributing substantially to the overall revenue.

Grasim's flagship cement subsidiary, UltraTech Cement, played a pivotal role in this growth, capitalising on the increased demand for infrastructure development across India. With its expanding production capacity and strong market presence, UltraTech has been a key factor in the revenue boost.

The company's diversified portfolio, including chemicals and financial services, also supported the financial performance. However, the cement division remained the primary driver, benefiting from rising construction activities and government infrastructure projects.

Grasim's strong revenue figures highlight the company?s ability to navigate challenges and capitalise on growth opportunities in the cement sector. As part of its future strategy, the company plans to continue investing in expanding its cement and related businesses to sustain its growth trajectory and strengthen its market leadership.

The positive financial performance underscores Grasim's resilience and strategic focus on leveraging its core business strengths to achieve sustainable growth in the coming years.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..