Grasim Industries has announced its financial results for the first quarter of FY27 (Q1FY27). The company reported a robust 21% year-on-year growth in revenue, reaching ₹28,835 crore. This growth was driven by strong performance across its Cement, Paints, and B2B E-commerce businesses. EBITDA also saw a significant increase of 17% YoY to ₹5,002 crore, fueled by higher profitability in the Cement segment and improved performance in Paints and B2B E-commerce.
Grasim Industries Announces Strong Q1FY27 Financial Performance
Grasim Industries Limited has released its financial results for the first quarter ended June 30, 2026 (Q1FY27). The company showcased impressive growth, with revenue increasing by 21% year-on-year to ₹28,835 crore. This significant revenue jump was attributed to an all-round strong performance across its core business segments: Cement, Paints, and B2B E-commerce.
Key Financial Highlights
Revenue Growth
The consolidated revenue for Q1FY27 stood at ₹28,835 crore, a substantial increase compared to ₹23,733 crore in Q1FY26. The Cement business revenue grew by 16% YoY to ₹24,648 crore, primarily driven by volume growth. The Paints and B2B E-commerce segments also contributed positively to the overall revenue performance.
EBITDA Performance
Consolidated EBITDA for the quarter rose by 17% year-on-year to ₹5,002 crore, up from ₹4,291 crore in Q1FY26. This improvement in profitability was led by enhanced margins in the Cement business and improved operational efficiencies in the Paints and B2B E-commerce sectors.
Segmental Performance
The company’s investor presentation highlights that the Cement revenue grew by 16% YoY to ₹24,648 crore, largely due to increased sales volumes. The EBITDA growth of 17% YoY to ₹5,002 crore reflects higher profitability in the Cement business coupled with the enhanced performance of the Paints and B2B E-commerce divisions.
Other Key Business Updates
The presentation also details performance updates across other business segments. Cellulosic Fibres saw revenue grow by 12% YoY to ₹4,530 crore, with EBITDA growing approximately 2x to ₹632 crore. The Chemicals segment revenue grew by 10% YoY, mainly driven by Chlorine Derivatives and Specialty Chemicals, while EBITDA grew by 16% YoY. The Financial Services segment reported revenue growth of 28% YoY, with a Total Lending Portfolio increase of 32% YoY to ₹2,19,289 crore.
Source: BSE
