Grasim Industries Ltd to Discuss New Business Foray Call Transcript

Jul 20, 2022 / 11:00AM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Grasim Industries Limited Conference Call to discuss the company's foray into new business. We have with us today from the management team, Mr. H. K. Agarwal, Managing Director; Mr. Ashish Adukia, Chief Financial Officer; Mr. Pavan Jain, incoming Chief Financial Officer. (Operator Instructions) Please note, this conference is being recorded. I'd now like to hand the conference over to Mr. Ashish Adukia, CFO, Grasim Industries Limited. Sir, thank you, and over to you.

Ashish Adukia - Grasim Industries Limited - CFO

Yes. Good evening to all the participants. Thank you for joining the call in a short notice.

In the last few years, we've been on the journey of defining the growth plan for the business -- for the company rather. In doing so, we've added paints as one of the growth engines of the company. Today, stand-alone Grasim operates in asset-intensive businesses, where the scalability of business hinges on capital deployment. A B2B e-commerce should address the need for high growth, but at the same

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