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JK Lakshmi Cement Q4 profit falls 23% as higher expenses weigh, declares dividend
JK Lakshmi Cement Ltd reported a 23.4% year-on-year decline in net profit for the fourth quarter of FY26 at ₹124.1 crore, compared with ₹175.7 crore in the corresponding quarter last year.
Stocks to Watch for May 21: Aditya Birla Capital, Dr Reddy's Lab, Jubilant Food, Bosch India and more
From Dr Reddy's Laboratories announcing the launch of its oral semaglutide biosimilar in India under the brand name Obeda to Whirlpool of India Ltd reporting a 32.7% year-on-year decline in net profit Q4, here are some stocks to track ahead of Thursday trading session.
Aditya Birla Grp to invest Rs 3,080 cr in fin services arm, IFC to pump Rs 920 cr
Aditya Birla Capital is raising Rs 4,000 crore for future growth. The Aditya Birla Group will invest Rs 3,080 crore and IFC will invest Rs 980 crore. This capital infusion will fund growth objectives, including lending and investments. The company aims to expand access to financing for entrepreneurs and businesses. This move supports India's economic transformation and financial inclusion.
India's core industries grow at 1.7% in Apr-26, Cement production continues to spike
The combined Index of Eight Core Industries (ICI) increased by 1.7 per cent (provisional) in April, 2026 as compared to the Index in April, 2025. The production of Cement, Steel and Electricity recorded positive growth in April, 2026. The ICI measures the combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). The final growth rate of Index of Eight Core Industries for March 2026 was observed at 1.2 per cent. The cumulative growth rate of ICI during April to March, 2025-26 is 2.7 per cent as compared to the corresponding period of last year.
Grasim Inds end higher after Q4 PAT climbs 31% YoY to Rs 1,958 cr
Grasim Industries rose 1.13% to settle at Rs 2971.80 after the company reported 30.87% jump in consolidated net profit to Rs 1,957.74 crore on 15.44% increase in revenue from operations to Rs 51,101.11 crore in Q4 FY26 over Q4 FY25.
Grasim Industries consolidated net profit rises 30.87% in the March 2026 quarter
Sales rise 15.44% to Rs 51101.11 crore
Aditya Birla Capital Approves Rs 4,000-Cr Share Issuance; Promoter Grasim Leads Infusion
Aditya Birla Capital plans to raise Rs 2,880 crore from promoter Grasim Industries.
Aditya Birla Capital raises ₹4,000 crore to fund growth, confirms CNBC-TV18 Newsbreak
The company said the proceeds from the issue will be used for growth objectives, augmentation of the capital base, funding requirements for the lending business and general corporate purposes, including investments in subsidiaries, joint ventures and associates.
Grasim Q4 Results: Paints business topline up 52%, market share up sequentially
In its earnings release, Grasim's paints business "Birla Opus" reported revenue growth of 52% from the year-ago quarter, with a 17% sequential growth in volumes during the March quarter.
Cement companies' profitability to moderate in FY27 on rising fuel, logistics costs: ICRA
In FY27, Indian cement manufacturers are anticipated to experience a notable dip in profits, ranging from 10-15%. The escalating prices of power and fuel, fueled by geopolitical tensions in West Asia, are set to exert a financial pinch. Although cement prices are likely to rise, they will not fully bridge the gap created by increasing input costs.
Grasim Q4 results: Standalone net loss narrows to ₹163 crore, revenue up 32% YoY; declares ₹10 dividend
Grasim Q4 results: Grasim Industries reported a standalone net loss of ₹163 crore for Q4 FY26, narrowing from ₹288 crore last year. Revenue rose 32% to ₹11,774 crore. Consolidated net profit increased 30.87% to ₹1,957.74 crore, with a total revenue of ₹51,101.11 crore for FY26.
J K Cements receives LoI for grant of mining lease for Itauri Jharkua Limestone Block
From Govt. of Madhya Pradesh