The management attributed the plunge in the consolidated net profit to lower profitability in the cement business and the ...

However, consolidated EBITDA declined "as a result of lower profitability in the cement business and initial investments in the paints business under brand Birla Opus", it added. "Further, higher ...

India's Grasim Industries reported a lower second-quarter adjusted profit on Thursday, dragged down by poor demand in its ...

Consolidated EBITDA declined by 10% at ₹4,042 crore as a result of lower profitability in the Cement business and initial ...

Domestic sales volume grew 3% to 26.4 MT in the second quarter. For its paints business Birla Opus, the trial run has ...

Grasim Industries Ltd., controlled by billionaire Kumar Mangalam Birla, debuted in the decorative paints business in February ...

The company’s consolidated EBITDA declined by 10 per cent to stand at Rs 4,042 crore in the reporting quarter, as a result of ...

Grasim Industries, the flagship company of Aditya Birla Group, on Thursday reported a 66% fall in its consolidated net profit ...

The report highlights the challenges arising from new entrants like JSW Paints, JK Cement, and Birla Opus, which aim to ...

Asian Paints CEO Amit Syngle shared that the intensity of competition has gone up, especially as demand has taken a hit in the quarter gone by.

Prabhudas Lilladher recommended reduce rating on Asian Paints with a target price of Rs 2230 in its research report dated 1, 2024.

Importantly, the company believes the impact of new competition hasn’t been strong so far. Although it lost 1.5% growth to ...