Noida, May 21 (APAC Media): Shares of Grasim Industries rose as much as 4.27% on Thursday to touch an intraday high of Rs 3,098 after the company reported strong fourth-quarter results and record annual revenue, driven by robust performance across its paints, chemicals, fibres, and other businesses.
Shares of Grasim Industries surged 4.60% to Rs 3,109 on the BSE, while the stock gained 4.64 per cent to Rs 3,108 on the NSE during intraday trade at around 11:00 a.m., according to exchange data.
Grasim Industries, an Aditya Birla Group company, on Wednesday reported a 31% year-on-year rise in consolidated net profit to Rs 2,041 crore for the March quarter, compared with Rs 1,559 crore in the year-ago period, while revenue from operations increased 15% to Rs 51,101 crore from Rs 44,267 crore, according to a regulatory filing.
Grasim Industries Q4 FY26 Net Profit Rises 31% to Rs 2,041 Crore; Declares Rs 10 Dividend
The company’s EBITDA also rose 22% year-on-year to Rs 8,011 crore during the quarter, against Rs 6,548 crore a year earlier.
Following the earnings announcement, the stock witnessed strong buying interest on the bourses and touched a fresh one-year high during intraday trade.
Market participants reacted positively to the company’s operational performance and expansion outlook.
“Our building materials business continued to remain a key growth driver during the quarter, supported by UltraTech Cement’s strong performance and the integration of India Cements. We also witnessed improved demand trends in the cellulosic fibres business along with stable growth in our financial services operations,” the company said in a statement.
The board of directors recommended a final dividend of Rs 10 per equity share for the financial year 2025-26, subject to shareholder approval at the upcoming annual general meeting.
Analysts said the company’s quarterly performance reflected resilient demand from infrastructure and construction-related sectors, which helped sustain growth momentum despite global economic headwinds. They also pointed to Grasim Industries’ ongoing expansion into new businesses, particularly its decorative paints venture under the Birla Opus brand, as a key long-term growth driver.
Grasim Industries, the flagship company of the Aditya Birla Group, has business interests spanning cement, chemicals, textiles, paints and financial services.
The company has been expanding its manufacturing capacity and strengthening its presence across multiple high-growth sectors.
Brokerages remained optimistic on the stock, citing strong earnings visibility, healthy cash flows and long-term growth opportunities in India’s infrastructure and housing sectors.
The broader market sentiment toward the company also remained positive amid expectations that continued government spending on infrastructure and urban development could support demand for cement and construction-related products in the coming quarters.
Disclaimer: Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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