Grasim Industries Limited has announced its audited financial results for the year ended March 31, 2026. The Board of Directors recommended a dividend of 500%, amounting to ₹10 per equity share. Additionally, the company announced the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as a new Joint Statutory Auditor for a five-year term. These decisions are subject to approval by shareholders at the upcoming Annual General Meeting.
Financial Performance Overview
For the financial year ended March 31, 2026, Grasim Industries reported a total consolidated income of ₹1,76,610.86 crore, representing a robust increase over the previous year. The company achieved a consolidated net profit of ₹10,300.29 crore. On a standalone basis, the company reported an annual revenue from operations of ₹41,039.48 crore with a net profit of ₹348.39 crore.
Dividend Recommendation
Reflecting its commitment to delivering value to shareholders, the Board has recommended a dividend of 500%, which translates to ₹10 per equity share with a face value of ₹2 each. The final payout is contingent upon receiving approval from shareholders at the company’s next Annual General Meeting.
Leadership in Audit Governance
The company is transitioning its audit oversight. The Board has approved the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as a Joint Statutory Auditor. This appointment is for a term of five years, spanning from the conclusion of the 79th Annual General Meeting until the end of the 84th Annual General Meeting. This change follows the completion of the second term of the outgoing auditors, M/s BSR & Co. LLP.
Strategic Corporate Developments
Grasim also highlighted key strategic movements within its subsidiaries, particularly in the renewable energy sector. Aditya Birla Renewables Limited (ABRen) has secured a significant investment commitment of up to ₹3,000 crore from Global Infrastructure Partners (GIP), marking a major milestone in the expansion of its sustainable energy portfolio. Furthermore, the company continues to focus on operational efficiency, having addressed specific challenges related to the Chemical Vilayat facility to ensure long-term stability.
Source: BSE
