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Grasim Q4 results: A look at the key highlights

Grasim Q4: The group reported loss of Rs 440 crore on a standalone basis hit by weakness in the chemicals segment coupled with impact from impairment charges.

Grasim posts Rs 1,369 crore consolidated net profit in March quarter

Poor performance in its chemicals division and costs associated with the temporary shutdown of its JV hurt the company's profitability.

Grasim Q4 results: Net profit remains flat at Rs 1,370 crore

Grasim Q4 results: On a standalone basis, the company reported loss of Rs 440 crore over impairment charges related to JV firm s temporary closure.

AV Terrace Bay announces temporary idling of operations

AV Terrace Bay Inc. announces temporary idling of its pulp operations, with immediate effect, due to prevailing market conditions. The announcement will affect approximately four hundred employees. The facility, located on the north shore of Lake Superior, produces 320,000 Air Dry Metric Tons of Northern Bleached Softwood Kraft (NBSK) pulp. The mill will be put into a state of warm idle to facilitate a possible future restart.  

AV Terrace Bay Pulp Mill in Ontario, Canada, Temporarily Idled