Grasim Q2 profit up 76% on strong building materials, chemicals performance

Driven by robust demand in cement and chemicals and expansion in paints and B2B e-commerce, Grasim Industries' Q2FY26 profit rose sharply to ₹553 crore on ₹39,900 crore in revenue

Grasim Industries on Wednesday reported a 76 per cent rise in consolidated profit in the September quarter (Q2 FY26) to Rs 553 crore from the year before, driven by its cement and chemicals businesses making higher profits and traction for new-age segments.

 

Consolidated revenue increased 17 per cent to Rs 39,900 crore, supported by strong performance in building materials and chemicals, said the holding company of the Aditya Birla group.

 

Consolidated ebitda grew 29 per cent to Rs 5,217 crore, the company said, referring to earnings before interest, taxes, depreciation, and amortisation.

 

Standalone revenue touched a record Rs 9,610 crore, up 26 per cent and led by the ramp-up in paints and the business-to-business ecommerce (B2B) verticals along with resilience in the cellulosic fibres and chemicals divisions.

 

The building materials segment, which includes cement company UltraTech, Birla Opus paints and Birla Pivot ecommerce platform, earned Rs 22,253 crore in revenue, up 28 percent year-on-year. The segment’s ebitda increased 55 per cent to Rs 2,950 crore. UltraTech benefited from infrastructure demand, with cement sale volumes growing 6.9 per cent in Q2 FY26. The paints business expanded its distribution to more than 10,000 towns and reached a total installed capacity of 1,332 million litres per annum as of October 2025. The B2B commerce unit delivered 15 per cent quarter-on-quarter revenue growth.

 

Revenue from the chemicals business increased 17 per cent to Rs 2,399 crore in Q2 FY26. Ebitda increased 34 per cent to Rs 365 crore, aided by better electrochemical unit realisations and higher chlorine derivatives volumes. Cellulosic fibres revenue grew 1 per cent to Rs 4,149 crore, as ebitda declined 29 per cent to Rs 350 crore due to higher input costs.

 

Grasim is investing in various businesses, including cement and cellulosic fibres, while focusing on sustainability and renewable energy adoption. It is positioned to benefit from India’s economic growth and rising demand across infrastructure and housing sectors, it said.