Grasim Q2 net loss Rs 234 cr despite revenue growth

GreyOak summary

Grasim Industries reported a consolidated net loss of Rs 234 crore for Q2 FY27, down from a profit of Rs 594 crore last year. The loss was driven by Rs 767 crore in exceptional charges for impairment and suspended operations in Canada. Despite a 26% rise in consolidated revenue to Rs 50,105 crore, the stock fell 2.6% on the NSE.