Grasim Ltd — Q4 FY24
Grasim reported its highest-ever consolidated revenue of INR 1,30,978 crore and EBITDA of INR 20,837 crore for FY24, driven by record volumes in cement, cellulosic fiber, and ca...
bullish
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q3 FY24
Paints launch in Q4 FY24 with pan-India distribution by FY25 end
Birla Opus will launch in Q4 FY24 starting with North and South India, targeting national distribution by end of FY25.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q3 FY24
Capex guidance of INR 5,900 crore for FY24
Management reiterated plant capex guidance of about INR 5,900 crore for FY24, with 76% allocated to paints.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1