- Grasim Industries posted a standalone net profit of Rs 247 crore in Q1 FY27 versus a loss last year
- Revenue grew 27.9% to Rs 11,795 crore, reaching an all-time high for the standalone business
- EBITDA rose to Rs 950 crore with margin expanding to 8.1% from 4.2% year-on-year
Grasim Industries Ltd. reported a standalone net profit of Rs 247 crore for the first quarter of FY27, compared with a loss of Rs 118 crore a year earlier, as revenue and operating profit increased during the quarter.
Revenue from operations rose 27.9% year-on-year to Rs 11,795 crore from Rs 9,223 crore. Ebitda increased to Rs 950 crore from Rs 385 crore, while the Ebitda margin expanded to 8.1% from 4.2%. The company said standalone revenue reached an all-time high during the quarter, supported by its core and growth businesses.
Grasim Industries (Q1, Standalone YoY)
- Net profit at Rs 247 crore versus loss of Rs 118 crore.
- Revenue up 27.9% at Rs 11,795 crore versus Rs 9,223 crore.
- EBITDA at Rs 950 crore versus Rs 385 crore.
- EBITDA margin at 8.1% versus 4.2%.
The company said the performance was supported by its core businesses, Cellulosic Fibres and Chemicals, along with continued growth in its newer businesses.
Cellulosic Fibres
Cellulosic Fibres revenue rose 12% year-on-year to Rs 4,530 crore, helped by higher global prices, rupee depreciation and a favourable product mix. EBITDA nearly doubled to Rs 632 crore.
Sales volumes of cellulosic staple fibre declined 4% to 202 kilotonnes, mainly due to lower production following planned maintenance and subdued domestic demand. Export sales volumes more than doubled from a year earlier.
Chemicals
Chemicals revenue increased 10% year-on-year to Rs 2,640 crore, while EBITDA rose 16% to Rs 491 crore. The company attributed the improvement to performance across its chemical businesses.
Specialty Chemicals accounted for 30% of the overall Chemicals segment revenue, up 200 basis points from a year earlier.
Grasim's standalone operating margin stood at 8.31% in the June quarter, compared with 4.41% a year earlier, according to the company's regulatory filing.
The company budgeted Rs 3,157 crore of capital expenditure for FY27 across its standalone businesses, with about 45% earmarked for growth projects. It spent Rs 375 crore during the June quarter.
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