Results - Announcements
Grasim Industries Ltd share price softened by 1.01% to Rs 3120.0 after the company's net profit tumbled by 73.24% to Rs 1029.42 crore, while revenue from operations slightly gained 2.85% to Rs 50105.18 crore in Q2FY27 over Q2FY26.
The market capitalization of Cement & Cement Products industry group stocks on BSE stood at Rs 9.75 lakh crore, slipping 1.74%. It has slipped by 3.19% over last one week and softened by 3.54% in last one month while the market capitalization of Grasim Industries Ltd has eased by 6.36% and 7.05% in the same period respectively.
Profit before tax (PBT) of Grasim Industries Ltd stood at Rs 2695.92 crore in Q2 FY27, easing 7.40% year-on-year, and crashing by 47.99% quarter-on-quarter. EBITDA came in at Rs 9389 crore, expanding by 28.16% YoY and dropping 13.44% sequentially.
Total expenses grew marginally by 7.26% to Rs 42425.41 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 9761.62 crore, growing marginally by 4.99% YoY, while employee benefits expense was at Rs 3187.11 crore, inching up 5.33% YoY.
For FY26, revenue from operations rose 18.15% to Rs 1.75 lakh crore, while net profit surged by 32.92% to Rs 10310.02 crore, compared to previous FY. EBITDA soared by 2807436% to Rs 35115.8 crore, and PBT soared 33.79% to Rs 14482.48 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 17809.61 crore in FY26, as against Rs 17169.65 crore in FY25.
Grasim Industries Ltd rallied 12.88% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 3.03% during the same period.