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After subdued Q4, near-term growth elusive for Grasim Industries

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₹394 crore. Ebitda is earnings before interest, tax, depreciation and amortisation; a key measure of profitability. Profits were impacted on account of loss of sales due to the covid-19 lockdown.

Plus, prices were weaker in the viscose stable fibre (VSF) and caustic soda segments. Even so, Grasim’s Ebitda is above some analysts’ expectations helped by lower costs in the VSF business.For the March quarter, overall revenues dropped 19% over the same period last year.

But, muted Ebitda performance together with high depreciation and finance costs resulted in a whopping 77% drop in pre-tax earnings.After the March quarter, near-term demand recovery would be slow.

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Coronavirus: Trudeau responds after government announced it will no longer release daily COVID-19 updates
The Quebec government announced that it will no longer release daily COVID-19 updates as of Friday. Instead, weekly updates will be provided every Thursday starting on July 2.
Justin Trudeau city Ottawa covid-19 information Government Coronavirus Updates
Justin Trudeau - Coronavirus: Trudeau responds after Canada’s credit rating lowered by U.S. credit rating agency - globalnews.ca - Canada - city Ottawa
globalnews.ca
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Coronavirus: Trudeau responds after Canada’s credit rating lowered by U.S. credit rating agency
On Thursday, Fitch Ratings downgraded Canada’s credit rating to AA+ from AAA, citing the federal government’s move to borrow about a quarter of a trillion dollars to prop the economy up during the pandemic lockdown. Speaking outside of Rideau Cottage in Ottawa on Thursday, Canadian Prime Minister Justin Trudeau said the move only showed that his government was willing to do whatever it takes to protect Canadians.
Justin Trudeau Canada city Ottawa pandemic economy Government Coronavirus
Meghan Markle - Meghan Markle and Prince Harry Visited LA Social Justice Charity Homeboy Industries and Prepared Meals - marieclaire.com - Los Angeles
marieclaire.com
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Meghan Markle and Prince Harry Visited LA Social Justice Charity Homeboy Industries and Prepared Meals
their non-profit Archewell during the coronavirus pandemic. But the Duke and Duchess of Sussex made a visit yesterday to Homeboy Industries, a Los Angeles social justice organization that "provide[s] training and support to formerly gang-involved and previously incarcerated men and women in the city, allowing them to redirect their lives," according to the organization's site.
Meghan Markle Los Angeles pandemic mask Coronavirus
Mark Wright - Mark Wright flaunts rippling abs after sweaty workout amid body transformation - dailystar.co.uk
dailystar.co.uk
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Mark Wright flaunts rippling abs after sweaty workout amid body transformation
TOWIE star Mark Wright has given his fans another glimpse of his rippling abs, chiselled chest and bulging biceps after a sweaty workout.
Mark Wright stars
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
'I didn't think we would harm him in the way we did', says medic who performed surgery that killed leading doctor and dad-of-two
A nurse faked a sick note - but got caught out after dropping a clanger
Emergency crews tape off road after two-car crash in Marple Bridge
Emmerdale's Laura Norton emotionally gives update on children's health as they battle rare condition
TikTok star Maddy Baloy, whose cancer journey touched millions, dead at 26: ‘A true inspiration’
How to entertain yourself when you stuck inside due to a pandemic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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