Recommended Dividend for the financial year ended 31st March 2025.
GRASIM · price
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Grasim Industries' Board has approved audited standalone and consolidated financial results for FY ended March 2025 and recommended a dividend of ₹10 per equity share (face value ₹2) subject to shareholder approval at the AGM. Standalone revenue from operations grew to ₹31,563 crore in FY25 from ₹25,847 crore in FY24, but standalone net profit dropped sharply to ₹212 crore from ₹945 crore, with Q4 FY25 swinging to a net loss of ₹288 crore. The decline was impacted by exceptional items including a ₹114 crore impairment/provision related to joint venture Birla Advanced Knits and a ₹50 crore write-off of stuck capital work-in-progress. Five of the company's six paint plants commenced commercial production during the year. On governance, Mr. Hemant Kumar Kadel will take over as CFO from August 16, 2025, replacing Mr. Pavan Kumar Jain who is superannuating, while Company Secretary Mr. Sailesh Kumar Daga resigned effective July 15, 2025. M/s. Makarand M. Joshi & Co. has been recommended as Secretarial Auditors for a 5-year term.
The ₹10 dividend is consistent with prior payouts, providing steady income to shareholders, though the steep fall in standalone profits and Q4 loss may pressure near-term sentiment. The CFO transition and Company Secretary exit introduce some near-term management uncertainty, while commissioning of paint plants signals the start of revenue contribution from a key growth bet.