Grasim Industries is projected to report a wider net loss in Q1, despite a robust 30% YoY revenue growth. Weak profitability is expected due to ongoing losses in new ventures like paints and B2B e-commerce, coupled with soft margins in the viscose fibre business. While the chemical segment may show slight improvement, margin pressure and cost headwinds remain concerns.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets