Grasim Industries Reports Q2FY26 Revenue of ₹39,900 Cr, 17% increase YoY
Filing Summary
Grasim Industries Limited announced its unaudited financial results for Q2FY26, reporting a consolidated revenue of ₹39,900 Cr., a 17% increase year-on-year. The growth was primarily driven by the Building Materials and Chemicals segments. Standalone revenue reached ₹9,610 Cr., marking a 26% rise. Consolidated EBITDA increased by 29% to ₹5,217 Cr., while PAT rose by 76% to ₹553 Cr. Key business areas such as Cellulosic Fibres, Chemicals, and Building Materials contributed significantly to these results. The company continues to expand its capacity in Cement and Paints, aligning with its strategic growth initiatives.
Grasim Industries Limited has released its unaudited financial results for the quarter ending 30th September 2025. The company reported a consolidated revenue of ₹39,900 Cr., reflecting a 17% year-on-year increase. Standalone revenue for the same period was ₹9,610 Cr., marking a 26% rise. The growth was largely attributed to the performance in the Building Materials and Chemicals segments.
For Q2FY26, Grasim’s consolidated EBITDA stood at ₹5,217 Cr., up by 29% from the previous year. The consolidated PAT increased by 76% to ₹553 Cr. The Cellulosic Fibres segment reported revenue of ₹4,149 Cr., with an EBITDA of ₹350 Cr. The Chemicals business saw a revenue of ₹2,399 Cr. and an EBITDA increase of 34% to ₹365 Cr. The Building Materials segment, including Cement, Paints, and B2B E-commerce, reported a revenue of ₹22,253 Cr. and an EBITDA of ₹2,950 Cr.
The operational scope included significant contributions from the Cellulosic Fibres, Chemicals, and Building Materials segments. In the Cellulosic Fibres segment, sales volumes were affected by logistics challenges, but specialty sales volumes increased by 53% due to higher exports. The Chemicals segment benefited from higher ECU realisations and volume growth in Chlorine Derivatives. The Building Materials segment saw robust performance in Cement, with UltraTech announcing plans to expand its grey cement capacity to 240.8 mtpa by March 2028.
Grasim’s timeline for its strategic initiatives includes the commissioning of the Kharagpur plant in October 2025, which increased the Paints business capacity to 1,332 MLPA. The company is also progressing with Phase-1 of its Cellulosic Fibres expansion, targeting commissioning by mid-2027.
Entities involved in these operations include Grasim Industries and its subsidiaries, such as UltraTech Cement and Aditya Birla Capital. UltraTech is responsible for the Cement business expansion, while Aditya Birla Capital oversees financial services, which reported a lending portfolio growth of 29% year-on-year.
The market context for Grasim’s operations includes a focus on expanding its presence in the Building Materials and Chemicals sectors. The company is leveraging its diversified portfolio to align with India’s economic growth and infrastructure development. The Chemicals segment’s performance was supported by stable domestic demand and rupee depreciation, while the Paints business expanded its distribution network significantly.
Grasim Industries Limited, a flagship company of the Aditya Birla Group, is a leading player in sectors such as Cellulosic Fibres, Chemicals, and Cement. The company is expanding its operations in the Paints and B2B E-commerce sectors, aligning with its strategic growth initiatives to capitalize on India’s economic momentum.