Asian Paints has announced that it will sell its Indonesia business to Berger Paints Singapore. Asian Paints, which is ...

According to the company this was manily due to lower realisations in the Cement business and initial investments for building Birla Opus. Birla Opus, the paints business of Grasim Industries ...

The company attributed the lower EBITDA to reduced realisations in the cement business and initial investments in its new paint business, Birla Opus. In a significant expansion move, Grasim’s ...

During the quarter Grasim's "consolidated EBITDA at Rs 4,668 crore was down 9 per cent YoY mainly due to lower realisations in the cement business and initial investments for building a strong ...

Revenue rose by 8.84% to Rs 34,792.85 crore. The decline in net profit was attributed to lower cement business realisations and investments in new ventures Birla Opus and Birla Pivot.

EBITDA was down at ₹4,668 crore (₹5,150 crore) due to lower realisations in the cement business and initial investments for building consumer-facing Paints business Birla Opus. The Board has ...

The profitability of the Building Materials segment was also impacted by upfront costs associated with the Paints business, ‘Birla Opus.’ These investments contributed to a decline in ...

The first phase of 55,000 TPA will be executed by mid-2027. Grasim Industries, the flagship firm of Aditya Birla Group, on Monday reported a 40% fall in its net profit to Rs 899 crore during the ...

Consolidated EBITDA at ₹4,668 crore was down 9% YoY mainly due to lower realisations in the Cement business and initial investments for building Birla Opus, its paints business. The board had ...

The building materials segment posted a 10 per cent YoY revenue growth, reaching ₹18,784 crore, primarily fueled by new businesses, Birla Opus and Birla Pivot. However, lower realisations in ...

The building materials segment reported a 10% YoY revenue growth to ₹18,784 crore, primarily driven by new businesses, Birla Opus and Birla Pivot. Lower realisations in UltraTech Cement and ...

The company has also continued to build up its paints business under the Birla Opus brand, on which it is spending around Rs 10,000 crore by way of capital expenditure, increasing its total ...