Shares of Grasim Industries jumped as much as 4.27% on Thursday to an intraday high of Rs 3,098 after the company posted strong fourth-quarter earnings and record annual revenue, supported by broad-based growth across its paints, chemicals, fibres, cement, and financial services businesses.
The Aditya Birla Group flagship reported a 28% year-on-year rise in consolidated net profit for Q4FY26 at Rs 3,802 crore, compared with Rs 2,973 crore in the corresponding quarter last year. Consolidated revenue from operations climbed 15% YoY to Rs 51,101 crore versus Rs 44,267 crore a year earlier.
On a standalone basis, the company narrowed its quarterly loss to Rs 164 crore from Rs 288 crore in Q4FY25.
Key Q4FY26 Business Highlights
- Paints business revenue surged 52% YoY, significantly outperforming overall industry growth.
- Cellulosic fibres revenue rose 14% YoY, aided by higher volumes and a favourable product mix.
- Chemicals segment achieved its highest-ever caustic soda sales volume at 321 KT, up 11% YoY.
