Grasim Industries Ltd. Q3 FY2026 results: revenue ₹44,312 crore
Grasim Industries Ltd. (GRASIM) reported consolidated revenue from operations of ₹44,312 crore for Q3 FY2026, the quarter ended 31 December 2025. Profit after tax was ₹2,233 crore, and earnings per share ₹15.28. The figures are the company's own, from the un-audited results it filed with NSE on 10 February 2026.
The quarter, against the one before and a year earlier
| Line | Q3 FY2026 | Q2 FY2026 | A year earlier | Change on the year |
|---|---|---|---|---|
| Revenue from operations | 44,312 | 39,900 | n/a | n/a |
| Other income | 265 | 345 | n/a | n/a |
| Total income | 44,577 | 40,245 | n/a | n/a |
| Cost of materials consumed | 8,082 | 7,542 | n/a | n/a |
| Purchases of stock-in-trade | 2,879 | 2,409 | n/a | n/a |
| Changes in inventories | 58 | -21 | n/a | n/a |
| Employee benefit expense | 2,864 | 2,773 | n/a | n/a |
| Finance costs | 933 | 869 | n/a | n/a |
| Depreciation, depletion and amortisation | 1,975 | 1,899 | n/a | n/a |
| Other expenses | 5,703 | 5,731 | n/a | n/a |
| Total expenses | 41,270 | 37,796 | n/a | n/a |
| Profit before exceptional items and tax | 3,307 | 2,449 | n/a | n/a |
| Exceptional items | -200 | 0 | n/a | n/a |
| Profit before tax | 3,107 | 2,449 | n/a | n/a |
| Current tax | 766 | 711 | n/a | n/a |
| Deferred tax | 52 | 301 | n/a | n/a |
| Total tax | 818 | 1,012 | n/a | n/a |
| Profit after tax | 2,233 | 1,498 | n/a | n/a |
| Attributable to owners of the parent | 1,037 | 553 | n/a | n/a |
| Other comprehensive income | 1,498 | 834 | n/a | n/a |
| Total comprehensive income | 3,731 | 2,332 | n/a | n/a |
| EPS, basic | ₹15.28 | ₹8.16 | n/a | n/a |
| EPS, diluted | ₹15.26 | ₹8.15 | n/a | n/a |
₹ crore except per share.
Leverage, as the company states it
| Line | Q3 FY2026 | Q2 FY2026 | A year earlier | Change on the year |
|---|---|---|---|---|
| Debt to equity | 1.26 | 1.25 | n/a | |
| Debt service coverage | 3.89 | 2.77 | n/a | |
| Interest service coverage | 5.29 | 4.62 | n/a |
Debt to equity, debt service coverage and interest service coverage are the figures the company prints in its result statement under the listing regulations.
Segments, Q3 FY2026
| Segment | Revenue ₹ crore | Share of segment revenue | Result ₹ crore | Result over revenue |
|---|---|---|---|---|
| Cellulosic Fibres | 4,298 | 9.6% | 491 | 11.4% |
| Chemicals | 2,345 | 5.2% | 315 | 13.4% |
| Building Material | 25,173 | 56.2% | 3,737 | 14.8% |
| Financial Services | 11,948 | 26.7% | 1,406 | 11.8% |
| Others | 1,010 | 2.3% | 234 | 23.2% |
Segment revenue and segment result as the company filed them, before inter-segment eliminations; share and result over revenue are arithmetic on those.
Quarterly results, the last 6 quarters
| Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | |
|---|---|---|---|---|---|---|
| Sales | 44,267 | 40,118 | 39,900 | 44,312 | 51,101 | 48,716 |
| Expenses | 40,756 | 36,657 | 37,796 | 41,270 | 46,282 | 43,851 |
| Operating profit | 6,164 | 6,088 | 4,872 | 5,949 | 7,783 | 7,772 |
| OPM % | 14% | 15% | 12% | 13% | 15% | 16% |
| Other income | 383 | 342 | 345 | 265 | 228 | 305 |
| Interest | 821 | 816 | 869 | 933 | 922 | 919 |
| Depreciation | 1,831 | 1,810 | 1,899 | 1,975 | 2,042 | 1,988 |
| Exceptional items | -67 | -38 | 0 | -200 | -85 | -13 |
| Profit before tax | 3,828 | 3,765 | 2,449 | 3,107 | 4,962 | 5,157 |
| Tax % | 27% | 28% | 41% | 26% | 26% | 26% |
| Net profit | 2,973 | 2,767 | 1,498 | 2,233 | 3,802 | 3,846 |
| EPS in ₹ | ₹22.22 | ₹20.91 | ₹8.16 | ₹15.28 | ₹28.87 | ₹31.64 |
| Filing | Filing | Filing | Filing | Filing | Filing | Filing |
₹ crore except per share, consolidated, as filed with the exchange. Operating profit is sales less the expenses other than interest and depreciation, OPM is that over sales, and tax % is tax over profit before tax: arithmetic on the filed lines; everything else is as filed.
Source
Un-audited consolidated results for the quarter ended 31 December 2025, filed with NSE on 10 February 2026: the result statement. All of Grasim Industries Ltd.'s results: NSE company page.
The same record on your computer
GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.