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United News of India
13 hours ago
- Business
- United News of India
Grasim Industries post consolidated Rs 1,419 Cr Q1 FY26 net profit
Mumbai, Aug 8 (UNI) Aditya Birla Group company Grasim Industries Ltd officially announced here today that it has posted a 32% growth in net profit on a consolidated basis at Rs 1,419 crore for Q1 FY26. 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
Business Standard
a day ago
- Business
- Business Standard
Grasim Inds Q1 PAT climbs 32% YoY to Rs 1,419 cr
Grasim Industries reported a 32% jump in consolidated net profit to Rs 1,418.68 crore on 15.92% increase in revenue from operations to Rs 40,118.08 crore in Q1 FY26 over Q1 FY25. Profit before tax (PBT) increased 42.48% YoY to Rs 3833.58 crore during the quarter. EBITDA stood at Rs 6,430 crore during the quarter, registering the growth of 36%, mainly led by higher profitability in cement and chemicals businesses partially offset by initial investments for building a strong consumer facing paints business. Revenue from cellulosic staple fibre (CSF) business grew 7% YoY to Rs 4,043 crore in Q1 FY26. The companys domestic CSF sales volumes grew by 2% YoY though overall CSF sales volume de-grew by 1% YoY at 209 KT due to lower exports. Cellulosic fashion yarn (CFY) business recorded volume growth of 6% YoY, however realisations remained under pressure due to low priced imports from China. The chemicals business reported 1.6% YoY growth to Rs 2,391 crore in Q1 FY26. Caustic soda sales volume grew by 8% YoY. Caustic soda international average spot prices (CFRSEA) for Q1FY26 stood flattish YoY at $468/ton. Its equivalent caustic unit (ECU) realisations were up 10% YoY to Rs 35,911/ton. The building materials segment reported revenue growth of 22% YoY to Rs 23,733 crore. led by growth across cement, paints and B2B e-commerce businesses. EBITDA grew by 48% YoY to Rs 4,291 crore, led by higher profitability in cement business (UltraTech) partially offset by initial expenses for building a consumer facing brand Birla Opus in the decorative paints business. The company said that cement business, UltraTech continues to expand capacities with total capacity (India + Overseas) reaching 192.3 MTPA. Consolidated sales volumes of the cement business were up by 9.7% YoY to 36.83 MT and ready-mix concrete sales volumes grew by 20% YoY to 3.9 million cubic meters. Under the paint business, Birla Opus, reported double digit revenue growth on a QoQ basis. The paint distribution network has expanded to over 8,000 towns. The business has introduced new product packaging and expanded its portfolio to 179 products with over 1,460 SKUs across entire six decorative paints product categories. The company said that it is expanding the scope of branded painting services PaintCraft through dealer operated franchisees across more than 100 towns in Q2FY26. Total cumulative capital expenditure for the business stood at Rs 9,555 crore till June 2025. The firms B2B E-Commerce business, Birla Pivot reported high single-digit revenue growth on QoQ basis, despite monsoon-led slowdown affecting the demand in the sector. The company stated that the business remains on track to achieve revenue of Rs 8,500 crore ($1 billion) by FY27. Revenue of the financial Services business (Aditya Birla Capital), as consolidated in accordance with Ind AS, grew by 8% YoY to Rs 9,488 crore. The overall lending portfolio (NBFC and HFC) increased by 30% YoY to Rs 1,65,832 crore. Revenue from other businesses (textiles, renewables, and insulators) stood at Rs 865 crore and EBITDA stood at Rs 154 crore. In the renewable business, cumulative installed capacity increased to 1.9 GWp in June 2025, up two-fold from 946 MW in June 2024. Textiles business revenue de-grew by 3% YoY at Rs 547 crore. Capital expenditure stood at Rs 480 crore in Q1 FY26. The board has approved capital expenditure of Rs 2,263 crore for FY26. The Phase-1 of the Cellulosic Fibres business, Lyocell project of 55K TPA (total capacity 110K TPA) is progressing as per plan with commissioning targeted by mid-2027. Grasim Industries, a flagship company of the Aditya Birla Group, is a leading diversified player with leadership presence across many sectors. It is a leading global producer of viscose staple Fibre and viscose filament yarn, the largest chlor-alkali, advanced material, linen yarn and fabrics producer in India. The company recently has entered paints business and setting up six plants across pan-India locations. The counter fell 1.94% to settle at Rs 2,690.20 on the BSE.
Mint
a day ago
- Business
- Mint
Grasim Q1 profit up 34 pc to ₹2,767 cr, revenue rises to ₹40,118 cr
New Delhi, Aug 8 (PTI) Aditya Birla Group flagship holding firm Grasim Industries Ltd reported an increase of 33.9 per cent in its net profit to ₹ 2,767.08 crore for the June quarter of FY26, led by higher profitability in the cement and chemicals businesses and all-round growth across key businesses. The company has reported a net profit of ₹ 2,065.97 crore for the April-June quarter a year ago, according to a regulatory filing. Its revenue from operations rose 15.9 per cent to ₹ 40,118.08 in the June quarter of FY26. The same stood at ₹ 34,609.75 crore in the corresponding quarter a year before. The nearly 16 per cent growth was "driven by all-round growth across key businesses," Grasim said in its earnings statement. Its "consolidated EBITDA (earnings before interest, taxes, depreciation and amortisation) at ₹ 6,430 crore, grew by 36 per cent year-on-year (YoY), mainly led by higher profitability in the Cement and Chemicals businesses, partially offset by initial investments for building a strong consumer-facing paints business, Birla Opus, in line with our expectations." Total expenses of Grasim, which controls companies as UltraTech, Aditya Birla Capital and businesses such as textiles, chemicals and building materials, were at ₹ 36,656.89 crore, up 13.9 per cent in the June quarter. The company's total income, which includes other income, increased 15.89 per cent to ₹ 40,460.18 crore during the June quarter. On a standalone basis, which primarily includes the India business, Grasim's revenue from operations climbed 33.8 per cent to ₹ 9,223.13 crore. This was "led by high growth from new businesses: Paints and B2B Ecommerce, coupled with stable core businesses: Cellulosic Fibres and Chemicals". On the segment, Grasim said, revenue from its Cellulosic Fibre business grew 6.76 per cent to ₹ 4,043.27 crore. "Our domestic CSF (Cellulosic Staple Fibre) sales volumes grew by 2 per cent YoY, though overall CSF sales volume de-grew by 1 per cent YoY at 209 KT due to lower exports," it said. While the CFY (Cellulosic Fashion Yarn) business recorded volume growth of 6 per cent YoY, realisations remained under pressure due to low-priced imports from China. In the segment, higher key input prices, which were passed on partially, have led to a reduction in EBITDA by 20 per cent YoY to ₹ 322 crore. Revenue from the chemicals segment was up 15.7 per cent to ₹ 2,390.57 crore in the June quarter. "EBITDA increased by 36 per cent YoY at ₹ 422 crore driven by higher volume and improved realisation in Caustic Soda and better profitability of Chlorine Derivatives," it said. Its revenue from its Building Material business reported a growth of 22 per cent to ₹ 23,732.93 crore. It was at ₹ 19,450.19 crore in the April-June quarter a year ago. Grasim's 'Building Materials' comprises its Cement business, UltraTech, its newly launched paints business Birla Opus and its B2B e-commerce business Birla Pivot. "Consolidated sales volumes of the Cement business were up by 9.7 per cent YoY to 36.83 MT and ready-mix concrete sales volumes grew by 20 per cent YoY. UltraTech Building Solutions (UBS) outlets increased to 4,802, contributing 21 per cent of total domestic grey cement sales volume," it said. While its decorative paints business Birla Opus reported double-digit growth in revenue on a quarter-on-quarter (QoQ) basis. Similarly, revenue from the financial services segment -- Aditya Birla Capital Ltd (ABCL) -- climbed 7.73 per cent to ₹ 9,487.92 crore. It was at ₹ 8,806.85 crore in the June quarter a year ago. "The overall lending portfolio (NBFC and HFC) increased by 30 per cent YoY to ₹ 1,65,832 crore. The total AUM (AMC, life insurance and health insurance) grew by 20 per cent YoY to ₹ 5,53,504 crore," it said. Grasim's revenue from other businesses, which includes textiles, renewables, and insulators, rose 8.41 per cent to ₹ 865.18 crore during the said quarter. On the outlook, the company said it stands to gain considerably from India's broad-based economic momentum. "The Government's ambitious agenda for a Viksit Bharat, rooted in infrastructure expansion, a resurgence in domestic manufacturing, formalisation of the financial system, and rising disposable incomes, creates fertile ground for sustained demand," it said
Mint
a day ago
- Business
- Mint
Grasim Q1 profit up 34 pc to ₹2,767 cr, revenue rises to ₹40,118 cr
New Delhi, Aug 8 (PTI) Aditya Birla Group flagship holding firm Grasim Industries Ltd reported an increase of 33.9 per cent in its net profit to ₹ 2,767.08 crore for the June quarter of FY26, led by higher profitability in the cement and chemicals businesses and all-round growth across key businesses. The company has reported a net profit of ₹ 2,065.97 crore for the April-June quarter a year ago, according to a regulatory filing. Its revenue from operations rose 15.9 per cent to ₹ 40,118.08 in the June quarter of FY26. The same stood at ₹ 34,609.75 crore in the corresponding quarter a year before. The nearly 16 per cent growth was "driven by all-round growth across key businesses," Grasim said in its earnings statement. Its "consolidated EBITDA (earnings before interest, taxes, depreciation and amortisation) at ₹ 6,430 crore, grew by 36 per cent year-on-year (YoY), mainly led by higher profitability in the Cement and Chemicals businesses, partially offset by initial investments for building a strong consumer-facing paints business, Birla Opus, in line with our expectations." Total expenses of Grasim, which controls companies as UltraTech, Aditya Birla Capital and businesses such as textiles, chemicals and building materials, were at ₹ 36,656.89 crore, up 13.9 per cent in the June quarter. The company's total income, which includes other income, increased 15.89 per cent to ₹ 40,460.18 crore during the June quarter. On a standalone basis, which primarily includes the India business, Grasim's revenue from operations climbed 33.8 per cent to ₹ 9,223.13 crore. This was "led by high growth from new businesses: Paints and B2B Ecommerce, coupled with stable core businesses: Cellulosic Fibres and Chemicals". On the segment, Grasim said, revenue from its Cellulosic Fibre business grew 6.76 per cent to ₹ 4,043.27 crore. "Our domestic CSF (Cellulosic Staple Fibre) sales volumes grew by 2 per cent YoY, though overall CSF sales volume de-grew by 1 per cent YoY at 209 KT due to lower exports," it said. While the CFY (Cellulosic Fashion Yarn) business recorded volume growth of 6 per cent YoY, realisations remained under pressure due to low-priced imports from China. In the segment, higher key input prices, which were passed on partially, have led to a reduction in EBITDA by 20 per cent YoY to ₹ 322 crore. Revenue from the chemicals segment was up 15.7 per cent to ₹ 2,390.57 crore in the June quarter. "EBITDA increased by 36 per cent YoY at ₹ 422 crore driven by higher volume and improved realisation in Caustic Soda and better profitability of Chlorine Derivatives," it said. Its revenue from its Building Material business reported a growth of 22 per cent to ₹ 23,732.93 crore. It was at ₹ 19,450.19 crore in the April-June quarter a year ago. Grasim's 'Building Materials' comprises its Cement business, UltraTech, its newly launched paints business Birla Opus and its B2B e-commerce business Birla Pivot. "Consolidated sales volumes of the Cement business were up by 9.7 per cent YoY to 36.83 MT and ready-mix concrete sales volumes grew by 20 per cent YoY. UltraTech Building Solutions (UBS) outlets increased to 4,802, contributing 21 per cent of total domestic grey cement sales volume," it said. While its decorative paints business Birla Opus reported double-digit growth in revenue on a quarter-on-quarter (QoQ) basis. Similarly, revenue from the financial services segment -- Aditya Birla Capital Ltd (ABCL) -- climbed 7.73 per cent to ₹ 9,487.92 crore. It was at ₹ 8,806.85 crore in the June quarter a year ago. "The overall lending portfolio (NBFC and HFC) increased by 30 per cent YoY to ₹ 1,65,832 crore. The total AUM (AMC, life insurance and health insurance) grew by 20 per cent YoY to ₹ 5,53,504 crore," it said. Grasim's revenue from other businesses, which includes textiles, renewables, and insulators, rose 8.41 per cent to ₹ 865.18 crore during the said quarter. On the outlook, the company said it stands to gain considerably from India's broad-based economic momentum. "The Government's ambitious agenda for a Viksit Bharat, rooted in infrastructure expansion, a resurgence in domestic manufacturing, formalisation of the financial system, and rising disposable incomes, creates fertile ground for sustained demand," it said Shares of Grasim Industries Ltd on Friday settled at ₹ 2,690.20 apiece on the BSE, down 1.94 per cent from the previous close.
News18
a day ago
- Business
- News18
Grasim Q1 profit up 34 pc to Rs 2,767 cr, revenue rises to Rs 40,118 cr
New Delhi, Aug 8 (PTI) Aditya Birla Group flagship holding firm Grasim Industries Ltd reported an increase of 33.9 per cent in its net profit to Rs 2,767.08 crore for the June quarter of FY26, led by higher profitability in the cement and chemicals businesses and all-round growth across key businesses. The company has reported a net profit of Rs 2,065.97 crore for the April-June quarter a year ago, according to a regulatory filing. Its revenue from operations rose 15.9 per cent to Rs 40,118.08 in the June quarter of FY26. The same stood at Rs 34,609.75 crore in the corresponding quarter a year before. The nearly 16 per cent growth was 'driven by all-round growth across key businesses," Grasim said in its earnings statement. Its 'consolidated EBITDA (earnings before interest, taxes, depreciation and amortisation) at Rs 6,430 crore, grew by 36 per cent year-on-year (YoY), mainly led by higher profitability in the Cement and Chemicals businesses, partially offset by initial investments for building a strong consumer-facing paints business, Birla Opus, in line with our expectations." Total expenses of Grasim, which controls companies as UltraTech, Aditya Birla Capital and businesses such as textiles, chemicals and building materials, were at Rs 36,656.89 crore, up 13.9 per cent in the June quarter. The company's total income, which includes other income, increased 15.89 per cent to Rs 40,460.18 crore during the June quarter. On a standalone basis, which primarily includes the India business, Grasim's revenue from operations climbed 33.8 per cent to Rs 9,223.13 crore. This was 'led by high growth from new businesses: Paints and B2B Ecommerce, coupled with stable core businesses: Cellulosic Fibres and Chemicals". On the segment, Grasim said, revenue from its Cellulosic Fibre business grew 6.76 per cent to Rs 4,043.27 crore. 'Our domestic CSF (Cellulosic Staple Fibre) sales volumes grew by 2 per cent YoY, though overall CSF sales volume de-grew by 1 per cent YoY at 209 KT due to lower exports," it said. While the CFY (Cellulosic Fashion Yarn) business recorded volume growth of 6 per cent YoY, realisations remained under pressure due to low-priced imports from China. In the segment, higher key input prices, which were passed on partially, have led to a reduction in EBITDA by 20 per cent YoY to Rs 322 crore. Revenue from the chemicals segment was up 15.7 per cent to Rs 2,390.57 crore in the June quarter. 'EBITDA increased by 36 per cent YoY at Rs 422 crore driven by higher volume and improved realisation in Caustic Soda and better profitability of Chlorine Derivatives," it said. Its revenue from its Building Material business reported a growth of 22 per cent to Rs 23,732.93 crore. It was at Rs 19,450.19 crore in the April-June quarter a year ago. Grasim's 'Building Materials' comprises its Cement business, UltraTech, its newly launched paints business Birla Opus and its B2B e-commerce business Birla Pivot. 'Consolidated sales volumes of the Cement business were up by 9.7 per cent YoY to 36.83 MT and ready-mix concrete sales volumes grew by 20 per cent YoY. UltraTech Building Solutions (UBS) outlets increased to 4,802, contributing 21 per cent of total domestic grey cement sales volume," it said. While its decorative paints business Birla Opus reported double-digit growth in revenue on a quarter-on-quarter (QoQ) basis. Similarly, revenue from the financial services segment — Aditya Birla Capital Ltd (ABCL) — climbed 7.73 per cent to Rs 9,487.92 crore. It was at Rs 8,806.85 crore in the June quarter a year ago. 'The overall lending portfolio (NBFC and HFC) increased by 30 per cent YoY to Rs 1,65,832 crore. The total AUM (AMC, life insurance and health insurance) grew by 20 per cent YoY to Rs 5,53,504 crore," it said. Grasim's revenue from other businesses, which includes textiles, renewables, and insulators, rose 8.41 per cent to Rs 865.18 crore during the said quarter. On the outlook, the company said it stands to gain considerably from India's broad-based economic momentum. 'The Government's ambitious agenda for a Viksit Bharat, rooted in infrastructure expansion, a resurgence in domestic manufacturing, formalisation of the financial system, and rising disposable incomes, creates fertile ground for sustained demand," it said Shares of Grasim Industries Ltd on Friday settled at Rs 2,690.20 apiece on the BSE, down 1.94 per cent from the previous close. PTI KRH KRH SHW view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
