Board Meeting Details

The Board of Directors meeting was held on 12th August 2026, commencing at 12:30 p.m. (IST) and concluding at 02:15 p.m. (IST). The meeting approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2026 along with Limited Review Reports of the Auditors.

Standalone Financial Performance (₹ in crore)

Quarter Ended 30-06-2026:

  • Revenue from Operations: ₹11,794.71
  • Other Income: ₹143.97
  • Total Income: ₹11,938.68
  • Profit Before Exceptional Items and Tax: ₹297.51
  • Exceptional Items: Nil
  • Profit Before Tax: ₹297.51
  • Tax Expense: ₹50.86 (Current Tax: ₹32.17, Deferred Tax: ₹18.69)
  • Net Profit: ₹246.65
  • Other Comprehensive Income: ₹2,329.20
  • Total Comprehensive Income: ₹2,575.85
  • Basic EPS: ₹3.64
  • Diluted EPS: ₹3.63

Comparative Performance:

  • Q1 FY26 Net Profit: (₹118.18) crore loss
  • Q4 FY26 Net Profit: (₹163.54) crore loss
  • Full Year FY26 Net Profit: ₹348.39 crore

Consolidated Financial Performance (₹ in crore)

Quarter Ended 30-06-2026:

  • Revenue from Operations: ₹48,716.20
  • Other Income: ₹305.15
  • Total Income: ₹49,021.35
  • Profit Before Share in Profit of Equity Accounted Investees, Exceptional Items and Tax: ₹5,170.23
  • Share in Profit/(Loss) of Equity Accounted Investees: ₹26.14
  • Profit Before Exceptional Items and Tax: ₹5,196.37
  • Exceptional Items: (₹13.25)
  • Profit Before Tax: ₹5,183.12
  • Tax Expense: ₹1,336.84 (Current Tax: ₹1,154.05, Deferred Tax: ₹182.79)
  • Net Profit: ₹3,846.28
  • Attributable to Owners of the Company: ₹2,145.91
  • Attributable to Non-controlling interest: ₹1,700.37
  • Other Comprehensive Income: ₹2,567.21
  • Total Comprehensive Income: ₹6,413.49
  • Basic EPS: ₹31.64
  • Diluted EPS: ₹31.60

Segment-wise Performance (Consolidated, ₹ in crore)

Revenue:

  • Cellulosic Fibres: ₹4,530.25
  • Chemicals: ₹2,639.92
  • Building Material: ₹28,835.40
  • Financial Services: ₹12,154.67
  • Others: ₹1,126.15

Segment Results:

  • Cellulosic Fibres: ₹632.44
  • Chemicals: ₹490.70
  • Building Material: ₹5,002.30
  • Financial Services: ₹1,602.86
  • Others: ₹301.73

Key Financial Ratios (Standalone)

  • Operating Margin: 8.31% (vs 4.41% in Q1 FY26)
  • Net Profit Margin: 2.09% (vs -1.28% in Q1 FY26)
  • Interest Service Coverage Ratio: 3.74 times
  • Debt Service Coverage Ratio: 3.16 times
  • Debt-Equity Ratio: 0.25 times
  • Current Ratio: 1.55 times
  • Net Worth: ₹57,876.31 crore

Key Financial Ratios (Consolidated)

  • Operating Margin: 16.14%
  • Net Profit Margin: 7.90%
  • Interest Service Coverage Ratio: 6.30 times
  • Debt Service Coverage Ratio: 4.82 times
  • Debt-Equity Ratio: 1.31 times
  • Current Ratio: 2.40 times
  • Net Worth: ₹1,08,797.81 crore

Significant Corporate Developments

1. Investment in Aditya Birla Capital Limited (ABCL): During the quarter, ABCL raised equity share capital of ₹4,000 crore through preferential allotment. Grasim invested ₹2,880 crore and was allotted shares on 23rd June 2026. Consequently, Grasim's shareholding in ABCL stands at 52.30% (on fully diluted basis).

2. ABHFL Investment: Aditya Birla Housing Finance Limited (ABHFL), a subsidiary of ABCL, raised equity share capital of ₹2,750 crore through preferential allotment to Indriya Limited (Advent International entity) on 17th April 2026. ABCL's shareholding in ABHFL reduced to 85.505%.

3. Acquisition Announcement: On 13th July 2026, Aditya Birla Renewables Limited entered into a Share Purchase Agreement with Shell Overseas Investments B.V. to acquire 100% of Solenergi Power Private Limited along with its subsidiaries. The transaction is based on an enterprise value of ₹17,200 crore, subject to adjustments. The acquisition is proposed to be funded through a mix of debt and equity and is subject to regulatory approvals.

4. Employee Stock Options: During the quarter, the company transferred 36,605 equity shares to option grantees from the Grasim Employee Welfare Trust under Employee Stock Option Schemes 2018 and 2022.

Regulatory and Legal Matters

1. Competition Commission of India (CCI) Matter: UltraTech Cement Limited (subsidiary) has ongoing appeals against CCI orders dated 31st August 2016 (Penalty of ₹1,804.31 crore) and 19th January 2017 (Penalty of ₹68.30 crore). The Supreme Court has granted a stay, and UltraTech has deposited ₹180.43 crore (10% of penalty). No provision has been recognized based on legal opinions.

2. Labour Codes Implementation: The Government notified new Labour Codes effective 21st November 2025. The company recognized a charge of ₹34.17 crore (standalone) and ₹177.49 crore (consolidated) for additional Gratuity and Compensated absences, classified as exceptional items.

3. IRDAI Regulations: Aditya Birla Health Insurance Co. Limited adopted Ind AS 117 from 1st April 2026, resulting in restatement of comparative figures.

Auditor Review

The financial results were reviewed by joint auditors B S R & Co. LLP and KKC & Associates LLP, who issued limited review reports without modification. The review included interim financial information of various entities including Grasim Employees' Welfare Trust and joint operations.

Additional Information

The results for the quarter ended 31st March 2026 are balancing figures between audited annual results and published unaudited results for nine months ended 31st December 2025.