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(08 Apr 2024, 13:35)

Grasim Inds edges higher after Birla Pivot surpasses Rs 1,000 crore revenue-mark

Grasim Industries advanced 1.09% to Rs 2262.05 after the company informed that its B2B e-commerce business unit for building materials Birla Pivot has crossed Rs 1,000 crore revenue-mark in FY24, which is the first year of its operations.


Birla Pivot offers a wide range of products, now encompassing more than 35 product categories and over 18,000 SKUs sourced from more than 150 Indian and international brands. These categories include essential construction materials like cement, steel, plywood, sanitaryware, tiles, among others.

Additionally, in response to the increasing demand for superior yet cost-effective products, the company has introduced its private label for plywood and tiles.

Birla Pivot's customer base spans top-tier EPC companies, civil contractors, real estate developers, OEMs, fabricators, dealers, and retailers. With successful deliveries to over 200 cities across 25 states, the company has established a robust network of suppliers and logistics providers, facilitating seamless operations, and e...

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