financetom
Business
financetom
/
Business
/
Grasim Q4 earnings: Street expects topline growth of 7-8%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Grasim Q4 earnings: Street expects topline growth of 7-8%
May 24, 2021 5:46 AM

Grasim holds a large stake UltraTech Cement so the consolidated numbers will include that so bulk of the EBITDA and the profit building number is already known.

All eyes today will be on the Viscose Staple Fiber (VSF), as well as on the chemical business, but for Grasim more than the results at times you want to hear the management commentary and always we will be keeping an eye on the capital expenditure program from FY22, what is the allocation strategy and also an kind of commentary in terms of their foray into the paints business that will be something that the street will be looking out for.

On standalone numbers, the CNBC-TV18 poll is working with a topline number of around 7-8 percent odd but the operating profit will see a sharp surge and could jump up by 120 percent odd. Most of the street are working with this broad range of around Rs 820-880 crore or thereabouts

CNBC-TV18’s Nigel D'Souza gets more details. CNBC-TV18’s Nigel D'Souza gets more details.

(Edited by : Aditi Gautam)

First Published:May 24, 2021 2:46 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved