Grasim Industries Ltd's Q3FY25 Quarterly Results

Result Summary

• Grasim Industries Ltd reported a 3.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 9.1%.
• Its expenses for the quarter were up by 2.3% QoQ and 13.8% YoY.
• The net profit increased 67.6% QoQ and decreased 29.2% YoY.
• The earnings per share (EPS) of Grasim Industries Ltd stood at 13.4 during Q3FY25.

Financial Statments for Q3FY25

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 prominent player in the diversified business sector in India. The company has a significant presence in the viscose staple fiber, cement, textiles, and chemicals industries, among others. As a flagship company of the Aditya Birla Group, Grasim Industries has a well-established market position, benefiting from a diversified product portfolio and significant operational scale. While specific recent developments are not detailed here, the company is known for continuous expansion and investment in various sectors to strengthen its market footprint. Grasim's strategic initiatives often focus on sustainability and innovation, aligning with broader industry trends.

Revenue

In the third quarter of fiscal year 2025, Grasim Industries Ltd reported a total income of ₹35,161.83 crores, reflecting a quarter-over-quarter increase of 3.5% from ₹33,958.21 crores in Q2FY25. Compared to the same quarter in the previous fiscal year (Q3FY24), the total income showed a year-over-year growth of 9.1% from ₹32,221.97 crores. This consistent increase in revenue suggests effective business strategies and market demand across its diversified portfolio. The upward trend in revenue indicates the company's ability to maintain growth momentum amidst prevailing economic conditions.

Profitability

The company recorded a Profit Before Tax (PBT) of ₹2,438.04 crores for Q3FY25, marking a significant quarter-over-quarter increase of 29.6% from ₹1,881.73 crores in the previous quarter. However, when compared to Q3FY24, there was a decrease of 29.8% in PBT from ₹3,472.53 crores. The Profit After Tax (PAT) for Q3FY25 was ₹1,844.29 crores, which saw a remarkable rise of 67.6% from the previous quarter's ₹1,100.16 crores. Year-over-year, PAT decreased by 29.2% from ₹2,603.43 crores in Q3FY24. This indicates a mixed performance in profitability, with strong quarterly growth despite a drop from the previous year's levels.

Operating Metrics

The total expenses for Grasim Industries in Q3FY25 stood at ₹32,723.79 crores, showing a 2.3% increase from ₹31,993.03 crores in Q2FY25. When compared to Q3FY24, total expenses increased by 13.8% from ₹28,749.44 crores. The tax expenses for the current quarter were ₹604.14 crores, representing a 30.4% decrease both quarter-over-quarter and year-over-year. Earnings Per Share (EPS) for Q3FY25 was ₹13.40, which marks a substantial quarter-over-quarter growth of 131.0% from ₹5.80 in Q2FY25, but a decline of 42.0% from ₹23.10 in Q3FY24. These metrics reflect the company's financial management strategies and its impact on shareholder value over the reported periods.