Grasim Industries Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

51,101.11

44,311.97

39,899.58

40,118.08

44,267.26

35,378.34

34,222.54

Other Operating Income

0.00

Total Operating income

51,101.11

44,311.97

39,899.58

40,118.08

44,267.26

35,378.34

34,222.54

Raw Material Cost

8,693.63

8,081.74

7,541.78

7,656.89

7,483.15

6,653.96

6,381.60

Purchase of Finished goods

3,669.50

2,878.99

2,409.43

2,150.73

2,050.31

1,526.52

1,189.01

(Increase) / Decrease In Stocks

379.12

57.83

-21.20

-312.60

208.27

-268.86

-424.27

Employee Cost

3,014.07

2,863.94

2,773.01

2,594.77

2,685.04

2,458.63

2,425.68

Power Cost

6,294.90

5,748.89

5,313.98

5,820.60

6,227.30

5,279.33

5,098.14

Manufacturing Expenses

11,783.28

10,051.66

8,480.18

8,385.86

11,312.31

8,021.14

8,582.95

Selling and Distribution Expenses

0.00

Other Expenses

6,390.55

5,702.69

5,731.03

4,999.57

5,550.78

4,903.84

4,943.47

Total Expenditure (Excl Depreciation)

40,225.05

35,385.74

32,228.21

31,295.82

35,517.16

28,574.56

28,196.58

Operating Profit (PBDIT) excl Other Income

10,876.06

8,926.23

7,671.37

8,822.26

8,750.10

6,803.78

6,025.96

Other Income

227.54

265.22

345.26

342.10

383.41

372.00

400.85

Operating Profit (PBDIT)

11,103.60

9,191.45

8,016.63

9,164.36

9,133.51

7,175.78

6,426.81

Interest

4,015.02

3,909.43

3,668.71

3,550.71

3,407.25

3,270.41

3,027.29

Exceptional Items

-84.61

-199.93

0.00

-38.38

-67.32

0.00

-83.45

Gross Profit (PBDT)

7,003.97

5,082.09

4,347.92

5,575.27

5,658.94

3,905.37

3,316.07

Depreciation

2,041.71

1,975.04

1,898.82

1,810.36

1,831.35

1,607.64

1,571.62

Profit Before Tax

5,078.45

3,050.67

2,510.06

3,833.58

3,996.01

2,308.13

1,830.35

Tax

1,276.22

817.72

1,012.02

1,066.50

1,022.75

573.97

847.41

Provisions and contingencies

0.00

Profit After Tax

3,686.04

2,289.33

1,437.08

2,698.41

2,804.84

1,723.76

897.04

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

3,686.04

2,289.33

1,437.08

2,698.41

2,804.84

1,723.76

897.04

Share in Profit of Associates

116.19

-56.38

60.96

68.67

168.42

10.40

85.90

Minority Interest

1,844.49

1,196.36

944.56

1,348.40

1,477.36

914.04

668.31

Other related items

0.00

Consolidated Net Profit

1,957.74

1,036.59

553.48

1,418.68

1,495.90

820.12

314.63

Equity Capital

136.11

133.90

Face Value

2.0

Reserves

0.00

99,481.68

0.00

92,783.71

Earnings per share (EPS)

28.77

15.23

8.13

20.85

21.98

12.25

4.7

Diluted Earnings per share

28.84

15.26

8.15

20.88

22.19

12.21

4.71

Operating Profit Margin (Excl OI)

21.28%

20.14%

19.23%

21.99%

19.77%

19.23%

17.61%

Gross Profit Margin

13.71%

11.47%

10.9%

13.9%

12.78%

11.04%

9.69%

PAT Margin

7.44%

5.04%

3.75%

6.9%

6.72%

4.9%

2.87%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - YoY

Net Sales

YoY Growth in quarter ended Mar 2026 is 15.44% vs 17.34% in Mar 2025

Consolidate Net Profit

YoY Growth in quarter ended Mar 2026 is 30.87% vs 9.20% in Mar 2025

Operating Profit (PBDIT) excl Other Income

YoY Growth in quarter ended Mar 2026 is 24.30% vs 10.87% in Mar 2025

Interest

YoY Growth in quarter ended Mar 2026 is 17.84% vs 31.74% in Mar 2025

Operating Profit Margin (Excl OI)

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025

Compare Quarterly Results Of Grasim Inds With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

51,101.11

25,799.47

25,301.64

98.07%

Other Operating Income

0.00

Total Operating income

51,101.11

25,799.47

25,301.64

98.07%

Raw Material Cost

8,693.63

4,074.19

4,619.44

113.38%

Purchase of Finished goods

3,669.50

807.80

2,861.70

354.26%

(Increase) / Decrease In Stocks

379.12

193.69

185.43

95.74%

Employee Cost

3,014.07

1,084.42

1,929.65

177.94%

Power Cost

6,294.90

5,416.42

878.48

16.22%

Manufacturing Expenses

11,783.28

5,635.33

6,147.95

109.10%

Selling and Distribution Expenses

0.00

Other Expenses

6,390.55

2,987.31

3,403.24

113.92%

Total Expenditure (Excl Depreciation)

40,225.05

20,199.16

20,025.89

99.14%

Operating Profit (PBDIT) excl Other Income

10,876.06

5,600.31

5,275.75

94.20%

Other Income

227.54

87.56

139.98

159.87%

Operating Profit (PBDIT)

11,103.60

5,687.87

5,415.73

95.22%

Interest

4,015.02

486.92

3,528.10

724.57%

Exceptional Items

-84.61

-10.94

-73.67

-673.40%

Gross Profit (PBDT)

7,003.97

5,190.01

1,813.96

34.95%

Depreciation

2,041.71

1,208.10

833.61

69.00%

Profit Before Tax

5,078.45

3,980.54

1,097.91

27.58%

Tax

1,276.22

980.52

295.70

30.16%

Provisions and contingencies

0.00

Profit After Tax

3,686.04

3,001.39

684.65

22.81%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

3,686.04

3,001.39

684.65

22.81%

Share in Profit of Associates

116.19

-1.37

117.56

8,581.02%

Minority Interest

1,844.49

17.26

1,827.23

10,586.50%

Other related items

0.00

Consolidated Net Profit

1,957.74

2,982.76

-1,025.02

-34.36%

Equity Capital

136.11

294.68

-158.57

-53.81%

Face Value

2.00

10.00

0.00

Reserves

0.00

Earnings per share (EPS)

28.77

101.22

-72.45

-71.58%

Diluted Earnings per share

28.84

101.35

-72.51

-71.54%

Operating Profit Margin (Excl OI)

21.28%

21.71%

0.00

-0.43%

Gross Profit Margin

13.71%

20.12%

0.00

-6.41%

PAT Margin

7.44%

11.63%

0.00

-4.19%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 51,101.11 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 15.32% vs 11.06% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 15.44% vs 17.34% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 1,957.74 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 88.86% vs 87.29% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 30.87% vs 9.20% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 10,876.06 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 21.84% vs 16.36% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 24.30% vs 10.87% in Mar 2025

Quarterly - Interest

Interest 4,015.02 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 2.70% vs 6.56% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 17.84% vs 31.74% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 21.28%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025