Demand had been depressed for a while. What has happened is firstly, things were never as good as the companies were talking about back two-three months back, but equally we do not think it is as bad either as how things are perceived to be right now. It is not doom and gloom. It is not a perpetual slowdown.
Grasim Industries swings to profit in Q1, revenue rises 21% YoY
Grasim Industries reported strong Q1 FY27 results, with standalone net profit reaching Rs 247 crore and revenue rising 28% YoY. Consolidated net profit jumped 51%