Grasim Industries reported a Q3 FY26 standalone net loss of 1.74 billion rupees due to a 341.7 million rupee labour code charge, with revenue at 104.32 billion rupees. Consolidated figures shone with record 44,312 crore rupees revenue (up 25% YoY), 6,215 crore EBITDA (up 33%), and 42% higher adjusted PAT at 1,168 crore rupees.
Grasim Industries posted a standalone net loss of 1.74 billion rupees for Q3 FY26, driven by a 341.7 million rupee charge from new labour codes. Revenue from operations reached 104.32 billion rupees. Consolidated results showed record revenue of 44,312 crore rupees, up 25% YoY, with EBITDA at 6,215 crore rupees, up 33% YoY, and adjusted PAT rising 42% to 1,168 crore rupees.
Key Financial Metrics
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Revenue from operations standalone: 104.32 billion rupees, up 28% YoY.
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Consolidated revenue: 44,312 crore rupees, highest ever, fueled by cement and paints segments.
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Standalone net loss: 174.44 crore rupees, wider than 168.65 crore rupees last year due to labour code impacts and investments.
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Consolidated EBITDA: 6,215 crore rupees, reflecting operational efficiencies across sectors.
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Adjusted consolidated PAT to owners: 1,168 crore rupees, boosted by strong demand.
Business Segment Highlights
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Cellulosic Fibres revenue: 4,298 crore rupees, up 9% YoY, EBITDA up 48% to 491 crore rupees on volume growth and cost benefits.
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Chemicals revenue: 2,345 crore rupees, up 5% YoY, though EBITDA dipped 4% to 315 crore rupees on lower realisations.
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Cement (UltraTech): Volumes up 15% YoY to 38.87 million tons, capacity at 194.06 mtpa targeting 240.76 mtpa by 2028.
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Net debt to EBITDA ratio improved to 1.57x from 1.77x.
Grasim Industries Q3 FY26 results highlight resilient consolidated growth despite standalone challenges from regulatory charges and strategic capex in building materials.
Sources: Grasim Industries official filings, Multibagg AI, Investywise.