Grasim releases chairman speech transcript from 79th annual general meeting
Reuters2026/08/21 11:50- Grasim’s chairman addressed shareholders at the 79th annual general meeting, outlining targets, capital plans, and segment updates for FY26.
- Management forecast consolidated revenue of INR 200,000 crore in FY27, versus a record INR 175,431 crore in FY26.
- FY26 EBITDA rose to a record INR 25,872 crore; dividend set at INR 10 per share, extending an uninterrupted payout streak beyond 63 years.
- UltraTech crossed 200 million tonnes per annum of grey cement capacity in April, reinforcing scale in a key earnings pillar.
- Birla Opus reached a 10% decorative paints revenue share in FY26; Birla Pivot exceeded its INR 8,500 crore annual revenue guidance.
- Cellulosic Fibres outlined nearly INR 4,000 crore to lift Lyocell capacity nearly fivefold; specialty fibres contributed 21% of the portfolio.
- Aditya Birla Capital completed an INR 4,000 crore preferential issue; Advent invested INR 2,750 crore in Aditya Birla Housing Finance.
- Aditya Birla Renewables flagged visibility of about 10 GW; acquisition of Sprng Energy from Shell adds about 5 GW of peak contracted capacity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dell soars! Full-year guidance raised above expectations, AI server sales remain strong
Net ARR growth exceeds 40%, total bookings hit a record high! GitLab (GTLB.US) delivers strong Q2 results, smashing expectations with a post-market surge of over 16%
According to the financial report, the company's revenue for the second quarter of fiscal year 2027 reached $286.3 million, up 21.3% year-on-year, exceeding expectations by $12.94 million; adjusted earnings per share were $0.24, surpassing expectations by $0.06.
IG Group Holdings announces shareholder meetings for proposed Jersey reorganization
Crypto prices
More
