Grasim has made substantial investments to build the Birla Opus brand, with a total capital expenditure of Rs 9,555 crore allocated to the paints business as of June 30, 2025.
The management attributed the plunge to lower profitability in the cement business and the investments that have gone into the paints business under the Birla Opus label.
Grasim Industries' standalone net loss of Rs 52.12 crore in the June quarter highlights a significant decline in operating revenue and margins, despite a 10.5% increase in consolidated revenue.
The company said its standalone operating revenue plunged 51.7 per cent to Rs 325.1 crore from Rs 673.3 crore, while its operating margin compressed more than halved to 4.7 per cent from 10.8 per cent ...
Sources said the mishap occurred when the sulphuric acid pipe snapped at the chemical plant. The acid spill caused severe injuries to their faces and bodies.
