Grasim Industries post consolidated Rs 1,419 Cr Q1 FY26 net profit
The 32% growth in net profit has been attributed to strong performance by UltraTech Cement, which is a Grasim company, aided by good performance in its chemicals businesses, according to the company statement.
The company's net profit rose to Rs 1,419 crore in Q1FY26, from Rs 1,075 crore an year earlier. Consolidated revenue grew by 16% year-on-year (YoY) to Rs 40,118 crore, while EBITDA increased by 36% to Rs 6,430 crore, the company said in a filing.
The cement business of listed subsidiary UltraTech, remained the primary earnings driver. UltraTech's cement volumes rose nearly 10% year-on-year (YoY) to 36.8 million tonnes, while EBITDA per tonne increased by 37% to Rs 1,248.
Improved revenue from caustic soda and chlorine derivatives business lifted EBITDA by 36% to Rs 422 crore. Revenues from the segment rose by 16% to Rs 2,391 crore despite margin pressures in specialty chemicals due to low-cost imports.
According to the company statement, "Grasim stands to gain from India's broad based economic momentum, and has a diversified portfolio, with strategic capital deployment and scale across core sectors. The push for infrastructure expansion, resurgence in domestic manufacturing, formalisation of the financial system as well as rising disposable incomes are creating sustained demand". UNI XC SSP
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