Grasim Industries Share Price Gains After Q4 Loss Narrows

Grasim Industries Ltd.'s share price rose 0.75% after the company's loss narrowed in the fourth quarter of fiscal 2025.

Despite narrowing the loss to Rs 288 crore from Rs 441 crore in the same period last year, the figures exceeded analysts' consensus estimates of Rs 110 crore.

The company's revenue saw a 32% increase, reaching Rs 8,926 crore compared to Rs 6,767 crore last year, surpassing Bloomberg's estimate of Rs 8,720 crore. However, Ebitda dropped by 58% to Rs 221 crore, falling short of the projected Rs 358 crore. The margin also decreased to 2.5% from 7.8%, against an estimated 4.1%.

In addition to the financial results, Grasim Industries announced the approval to raise up to Rs 1,000 crore through non-convertible debentures on a private placement basis. The board of directors' finance committee approved the issuance of fully paid, unsecured, listed, rated, redeemable, rupee-denominated NCDs of Rs 1 lakh per debenture in one or more tranches.