Grasim Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Grasim Industries Ltd reported a 0.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 18.5%.
• Its expenses for the quarter were up by 3.1% QoQ and 18.1% YoY.
• The net profit decreased 45.9% QoQ and increased 36.2% YoY.
• The earnings per share (EPS) of Grasim Industries Ltd stood at 8.15 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Grasim Industries Ltd is a leading Indian company that operates in the diversified manufacturing sector. It is part of the Aditya Birla Group and is primarily engaged in the production of viscose staple fiber, cement, chemicals, and textiles. The company has a significant presence in the cement industry through its subsidiary, UltraTech Cement. Grasim has been actively involved in expanding its product offerings and strengthening its market presence. However, specific recent developments or strategic initiatives are not detailed in the provided data.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Grasim Industries Ltd reported a total income of ₹40,244.84 crores, slightly down by 0.5% from the previous quarter (Q1FY26), which stood at ₹40,460.18 crores. The year-over-year comparison shows a robust increase of 18.5% from ₹33,958.21 crores in Q2FY25. These figures reflect the company's revenue generation capacity and market demand for its diversified product range over the specified periods. The slight quarter-on-quarter decline in total income may be attributed to varying market conditions or operational factors, but the significant year-over-year growth highlights an upward trend in revenue performance.

Profitability

The profitability of Grasim Industries Ltd in Q2FY26, as reflected in the profit after tax (PAT), was ₹1,498.04 crores. This marks a substantial decrease of 45.9% compared to Q1FY26, where the PAT was ₹2,767.08 crores. However, when compared year-over-year, there is a notable increase of 36.2% from ₹1,100.16 crores in Q2FY25. The profit before tax (PBT) also shows a similar trend, with a 34.9% decrease quarter-over-quarter but a 30.2% increase year-over-year. The earnings per share (EPS) in Q2FY26 was ₹8.15, significantly lower than Q1FY26's ₹20.88, yet higher than Q2FY25's ₹5.84, demonstrating fluctuations in profitability metrics over the periods.

Operating Metrics

The total expenses for Grasim Industries Ltd in Q2FY26 amounted to ₹37,795.74 crores, representing a 3.1% increase from the previous quarter's ₹36,656.89 crores. Year-over-year, expenses increased by 18.1% from ₹31,993.03 crores in Q2FY25. The tax expense in Q2FY26 was ₹1,012.02 crores, slightly decreasing by 5.1% from Q1FY26 but up by 16.7% from Q2FY25. These figures indicate the operational cost dynamics and tax implications impacting the company's financial performance. The quarter-over-quarter increase in expenses contrasts with the decrease in total income, which may reflect cost management challenges or strategic investments.