Grasim Industries Limited (GRASIM)
News Verification
Clarification on news about Bombay HC quashing Rs 329 Cr tax reassessment notice. The notice was only a proposal for reassessment, not a tax demand. The alleged escaped income of Rs 329 Cr does not represent a tax claim. Potential tax exposure of Rs 114 Cr is below materiality threshold for FY27. No financial or operational impact on the company. No undisclosed material information under SEBI LODR.
Source: Original filing PDF
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🚨 GRASIM — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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