3 weeks ago

Grasim Industries net profit up 39% to ₹3,846 crore

Grasim Industries net profit up 39% to ₹3,846 crore
Grasim Industries net up 39% to ₹3,846 crore on better realisation · thehindubusinessline.com

Grasim Industries is a very big company in India that makes things like cement, chemicals, paint, and cloth.

Every few months, companies tell everyone how much money they made, and this is called a quarterly result.

Grasim made a lot more money this time than it did last year.

Its profit went up by 39 percent.

The company earned more because it sold more products and got better prices for them.

Its cement business, called UltraTech, did very well and grew by a lot.

Its new paint business, called Birla Opus, also grew quickly by getting many new shops to sell its paint.

Its online business for companies, called Birla Pivot, grew even faster too.

Because things are going well, Grasim plans to spend a lot of money building new things in the future.

Key facts

Net profit
₹3,846 crore, up 39% year-on-year
Revenue
₹48,716 crore, up 21%
EBITDA
₹8,077 crore, up 26%, highest-ever
Birla Opus paints revenue
₹1,661 crore, up 64%
Birla Pivot revenue
₹2,548 crore, up 75%
UltraTech cement revenue
₹24,648 crore, up 16%
Chemicals revenue
₹2,640 crore, up 10%
Planned capex for FY27
₹3,157 crore across Grasim standalone businesses

Quotes

Grasim Industries

Corporate earnings announcement

“"Grasim Industries, an Aditya Birla Group company, reported that its net profit in the June quarter increased 39 per cent to ₹3,846 crore against ₹2,771 crore logged in the same period last year on better realisation and higher demand."”
thehindubusinessline.com

Sources

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