Grasim Industries witnessed a 66% decline in Q2 consolidated net profit, reaching Rs 389 crore, despite an 11% surge in revenue, reaching Rs 33,563 crore. This downturn is attributed to reduced profit margins in the cement sector and initial investments in the ‘Birla Opus’ paint business.
Angel One shares rally 5% on announcing Rs 26 dividend despite Q4 profit slump. Here’s what brokerages say
Angel One’s shares surged 5.4% despite a 48.7% drop in Q4 net profit and a 22.2% revenue decline. The company announced a final dividend of
April 21, 2025