Grasim Industries Limited has released its audited financial results for the financial year ended March 31, 2026. The Board of Directors has recommended a final dividend of 500%, translating to ₹10 per equity share of face value ₹2, subject to shareholder approval. Additionally, the company announced the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as the new Joint Statutory Auditor for a five-year term.
Annual Financial Performance
For the financial year ended March 31, 2026, Grasim Industries reported strong growth, with standalone revenue from operations reaching ₹41,039.48 crore compared to ₹31,563.23 crore in the previous year. The standalone net profit for the year stood at ₹348.39 crore. On a consolidated basis, the company delivered a robust performance, reporting annual revenue from operations of ₹1,75,430.74 crore and a consolidated net profit of ₹10,300.29 crore for the year.
Dividend and Strategic Appointments
The Board has recommended a dividend of ₹10 per equity share (500% on a face value of ₹2). This proposal is pending approval at the upcoming Annual General Meeting. Furthermore, to ensure continued operational oversight, M/s Deloitte Haskins & Sells Chartered Accountants LLP has been appointed as the Joint Statutory Auditor, succeeding M/s BSR & Co. LLP upon the conclusion of the 79th AGM.
Key Business Developments
Significant strategic activity marked the year, including the partial stake divestment in Aditya Birla Renewables Limited (ABRen) to Global Infrastructure Partners (GIP), with a commitment of up to ₹3,000 crore. The company continues to maintain a controlling stake in the entity. Additionally, the company integrated new labour law regulations into its operations, resulting in a one-time past service cost charge recognized during the year.
Operational Milestones
The consolidated results reflect the diverse operations of the group, spanning Cellulosic Fibres, Chemicals, Building Materials, and Financial Services. The building material segment, led by UltraTech Cement, remains a major contributor to the consolidated revenue, further bolstered by the integration of The India Cements Limited, which contributed to the group’s expanded market footprint.
Source: BSE
