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Grasim Industries reported a 49% year-on-year increase in adjusted profit after tax to INR 2,153 crore for the quarter ended June 30, 2026, supported by stronger performance across its diversified businesses. Consolidated revenue rose 21% to INR 48,716 crore, while EBITDA increased 26% to INR 8,077 crore. Building Materials remained a key contributor, with revenue rising 21% to INR 28,835 crore. Birla Opus recorded 64% year-on-year revenue growth to INR 1,661 crore, while the cement business benefited from higher volumes.
Grasim Industries reported a strong financial performance for the first quarter of financial year 2026-27, with consolidated adjusted profit after tax (PAT) rising 49% year on year to INR 2,153 crore for the quarter ended June 30, 2026. The company’s consolidated revenue increased 21% to INR 48,716 crore, while EBITDA rose 26% to a record INR 8,077 crore.
The company attributed the improvement to broad-based performance across its diversified portfolio. On a standalone basis, revenue reached an all-time high of INR 11,795 crore, registering 28% growth from the corresponding quarter. Standalone EBITDA more than doubled to INR 1,094 crore, an increase of 107% year on year, supported by its core businesses, including Cellulosic Fibres and Chemicals, as well as the continued expansion of its growth businesses.
Building Materials remained one of the major contributors to the quarter’s performance. Revenue from the segment increased 21% year on year to INR 28,835 crore, while EBITDA rose 17% to INR 5,002 crore. The segment comprises cement, paints and B2B e-commerce operations.
The cement business recorded total grey cement capacity of 205.5 million tonnes per annum (MTPA) across India and overseas markets. The company said it is working to increase this capacity to more than 240 MTPA by March 2028. Cement sales volumes during Q1 FY27 stood at 41.3 million tonnes, up 12.2% year on year, while ready-mix concrete volumes increased 18% to 4.6 million cubic metres. Cement revenue rose 16% to INR 24,648 crore, mainly driven by volume growth.
The paints business under Birla Opus also continued to gain scale. Revenue increased 64% year on year to INR 1,661 crore and rose 17% sequentially. Grasim said the business strengthened its position as the third-largest player in India’s organised decorative paints industry, while its revenue market share expanded by about 30 basis points sequentially during the quarter.
Birla Pivot, the company’s B2B e-commerce business, reported revenue of INR 2,548 crore, up 75% year on year. The company said its annualised revenue run-rate remained above INR 10,000 crore, supported by customer additions, transactions and repeat orders.
Other businesses also contributed to growth. Revenue from textiles, renewables and insulators rose 30% to INR 1,126 crore, while EBITDA nearly doubled to INR 302 crore. The renewables business recorded 59% revenue growth and 71% EBITDA growth during the quarter.
Grasim has budgeted INR 3,157 crore of capital expenditure for FY27 across its standalone businesses, with nearly 45% earmarked for growth projects. The company spent INR 375 crore during Q1 FY27.
Source- BSE India
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