Grasim Industries has announced its audited financial results for the fiscal year ended March 31, 2026. The board has recommended a dividend of 500%, translating to ₹10 per equity share of ₹2 face value, pending shareholder approval. The company also confirmed the appointment of Deloitte Haskins & Sells LLP as the new joint statutory auditor for a five-year term starting from the 79th Annual General Meeting.
Financial Performance for FY2026
For the full financial year ended March 31, 2026, Grasim Industries reported a total consolidated income of ₹1,76,610.86 crore, compared to ₹1,49,936.93 crore in the previous fiscal year. The consolidated net profit for the period stood at ₹10,300.29 crore, marking an increase from ₹7,756.33 crore recorded in FY2025. Standalone performance for the same period showed a net profit of ₹348.39 crore.
Dividend and Strategic Appointments
The Board of Directors has recommended a dividend payout of 500%, amounting to ₹10 per equity share (on a face value of ₹2), subject to approval at the upcoming Annual General Meeting. Furthermore, the company has approved the appointment of M/s Deloitte Haskins & Sells Chartered Accountants LLP as a joint statutory auditor for a five-year term. This transition follows the completion of the term for M/s BSR & Co. LLP.
Key Operational Highlights
Grasim Industries continues to expand its footprint in renewable energy and building materials. Notable updates include the Aditya Birla Renewables Limited (ABRen) securing an investment from Global Infrastructure Partners (GIP), part of BlackRock, for a minority stake. Additionally, the company is progressing with the integration of UltraTech Cement Limited following its acquisition of a controlling stake in The India Cements Limited, which has now reached a 74.99% shareholding status.
Exceptional Items and Corporate Governance
The company recorded a consolidated exceptional loss of ₹322.92 crore for the year. This charge includes ₹177.49 crore related to the statutory impact of new Labour Codes and various impairment provisions for investments, including AV Terrace Bay Inc. and Birla Advanced Knits Private Limited. Grasim maintains that its corporate governance and financial reporting remain robust as it navigates these strategic consolidations.
Source: BSE
