Grasim Industries Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results following a Limited Review by the auditors. Key highlights include consolidated total income reaching ₹1,25,282.21 crore for the nine months, resulting in a consolidated Net Profit After Tax of ₹6,498.06 crore for the same period, compared to the prior year’s restated figure.
Board Approval of Q3 FY2026 Financials
The Board of Directors of Grasim Industries Limited convened on February 10, 2026, to approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. These results were subsequently subjected to a Limited Review by the appointed auditors.
Standalone Financial Highlights (Nine Months Ended 31 Dec 2025)
For the nine months ended December 31, 2025, Grasim Industries reported Total Income of ₹1,24,329.63 crore. Total Expenses stood at ₹1,15,722.85 crore. Profit Before Tax reached ₹9,394.30 crore. The resulting Net Profit for the period was ₹6,498.06 crore.
Key standalone performance indicators noted:
- Operating Margin (%): 4.44% (compared to 4.39% in the previous year comparable period).
- Net Profit Margin (%): 1.75%.
- Basic Earning per share (not annualised): ₹7.55.
Consolidated Financial Highlights (Nine Months Ended 31 Dec 2025)
The consolidated performance showed significant top-line growth, with Total Income reaching ₹1,25,282.21 crore for the nine months ended December 31, 2025. Total Comprehensive Income for the period was ₹9,030.61 crore.
Attributable figures for the nine-month period:
- Net Profit attributable to Owners of the Company: ₹3,008.74 crore.
- Total Comprehensive Income attributable to Owners of the Company: ₹5,415.73 crore.
- Basic Earning per share (not annualised): ₹44.35.
Segment Revenue Breakdown (Consolidated)
The consolidated segment reporting reflects strong contributions across core businesses. For the nine months ending December 31, 2025:
- Building Material $ (Cement, Paints, E-Commerce) was the largest revenue contributor at ₹71,159.11 crore.
- Financial Services revenue stood at ₹32,004.74 crore.
- Cellulosic Fibres revenue was ₹12,490.51 crore.
Significant Operational Notes
The company provided updates on several significant corporate activities:
Labour Codes Impact
Following the notification of new Labour Codes effective November 21, 2025, the Group assessed the impact on Gratuity and Compensated absences. This resulted in the recognition of an exceptional charge of ₹185.68 crore (classified as past service cost) in the results for the quarter and nine months ended December 31, 2025.
Investment in Related Parties
Additional impairment charges were recognized concerning the investment in Birla Advanced Knits Private Limited (BAKPL), amounting to an additional ₹13.50 crore during the quarter.
Subsidiary Updates
The results include figures for the recently acquired The India Cements Limited (ICEM) since December 25, 2024, following the completion of UTCL’s acquisition stages.
Furthermore, significant corporate restructuring activities were noted, including:
- The Board of Aditya Birla Renewables Limited (ABRen) approved an investment proposal from Global Infrastructure Partners for a minority stake, involving commitments up to ₹3,000 crore.
- ABRen subsequently allotted shares worth ₹500 crore to Essel Mining & Industries Limited (EMIL), causing ABRen to cease being a wholly owned subsidiary effective January 21, 2026, though control remains with the Parent.
- A Composite Scheme of Arrangement was approved by ABRen’s Board involving the slump sale of EMIL’s Renewable Energy Undertaking to ABRen, effective April 1, 2025.
Capital Infusion in ABCL
The Board of Aditya Birla Capital Limited (ABCL) and ABHFL approved a primary capital infusion of ₹2,750 crore into ABHFL from Indriya Limited, subject to regulatory approvals.
Stock Option Scheme
During the quarter, the Company transferred 1,27,176 equity shares to option grantees from the Grasim Employee Welfare Trust under the ESOP Schemes.
Source: BSE
