Grasim Industries Limited has announced its financial results for the fiscal year ended March 31, 2026. The Board of Directors has recommended a dividend of 500%, amounting to ₹10 per equity share, subject to shareholder approval. Additionally, the company has approved the appointment of M/s Deloitte Haskins & Sells Chartered Accountants LLP as the new Joint Statutory Auditor for a five-year term starting from the conclusion of the 79th Annual General Meeting.
Annual Financial Performance
For the financial year ended March 31, 2026, Grasim Industries reported a strong consolidated performance. The company generated a total income of ₹1,76,610.86 crore, reflecting substantial growth compared to the previous year. The consolidated net profit for the period stood at ₹10,300.29 crore, showcasing the robust operational scale of its diverse business segments, including Building Materials and Financial Services.
Dividend Recommendation
Recognizing the company’s financial health, the Board of Directors has recommended a final dividend of 500%. This translates to ₹10 per equity share, based on a face value of ₹2 per share. The dividend payout is contingent upon approval by the company’s shareholders at the upcoming Annual General Meeting (AGM).
Leadership in Auditing
In a move to strengthen corporate governance and oversight, the Board has approved the appointment of M/s Deloitte Haskins & Sells Chartered Accountants LLP as a Joint Statutory Auditor. This appointment is for a five-year term, spanning from the conclusion of the 79th AGM until the conclusion of the 84th AGM. This transition follows the completion of the current term of the outgoing statutory auditors.
Strategic Business Developments
The company continues to advance its strategic interests, notably in the renewable energy sector. Through its subsidiary, Aditya Birla Renewables Limited (ABRen), the company successfully secured an investment of up to ₹3,000 crore from Global Infrastructure Partners (GIP). Additionally, the company is progressing with significant business consolidations, including internal restructurings and the integration of acquired entities within its cement and building materials portfolio to optimize operational efficiency.
Source: BSE
