Grasim Industries Limited (GRASIM) — Financial Results | 5 November 2025(3 announcements)

Grasim's Board approved acquiring 26% equity stakes in three renewable energy SPVs across Gujarat, Andhra Pradesh, and Odisha. Total cash investment: ₹45 crore, ₹20.50 crore, and ₹3.60 crore respectively. These captive wind-solar hybrid projects (50 MW capacity) will reduce energy costs and meet regulatory compliance for power consumption. Acquisitions with Prozeal Green Energy and GMR Energy are non-related party transactions, with completion expected within 30 days of agreement execution.

Grasim reported Q2FY26 consolidated revenue of ₹39,900 crores, up 17% YoY, driven by strong performance across Building Materials, Chemicals, and new businesses. Consolidated EBITDA grew 29% YoY to ₹5,217 crores, while PAT surged 76% YoY to ₹553 crores. Standalone revenue reached an all-time high of ₹9,610 crores (26% YoY growth), led by Paints and B2B E-commerce. Cement capacity expansion targets 240.8 mtpa by March 2028; Birla Opus achieved ~24% market share in decorative paints with six operational plants.

Grasim Industries reported Q2FY26 consolidated revenue of ₹39,900 crores, up 17% YoY, with EBITDA of ₹5,217 crores, up 29% YoY. Building Materials (led by UltraTech Cement) drove growth with 28% YoY revenue increase and 55% EBITDA growth. Chemicals grew 17% YoY with 34% EBITDA expansion. Financial Services lending portfolio surged 29% YoY. Consolidated PAT reached ₹1,498 crores, up 52% YoY, demonstrating strong operational leverage across diversified segments.