The Aditya Birla Group company said revenue from operations for the second quarter ended September 2025 stood at Rs 39,899.58 crore, reflecting a 16.6% rise YoY compared to Rs 34,222.54 crore reported in the corresponding quarter of the previous fiscal year.
Consolidated EBITDA in Q2 FY26 stood at Rs 5,217 crore, up 29% YoY, mainly led by higher profitability in the cement and chemicals businesses, the company said. Consolidated PAT in Q2 FY26 grew by 76% YoY to Rs 553 crore.
Capital expenditure for the September quarter of FY26 stood at Rs 461 crore and for H1 FY26 at Rs 941 crore. The company said total cumulative capex in its paints business stood at Rs 9,727 crore.
Grasim Industries Outlook
Grasim Industries said it stands to gain considerably from India’s broad-based economic momentum. The company added that the government’s ambitious agenda for a Viksit Bharat—rooted in infrastructure expansion, a resurgence in domestic manufacturing, formalisation of the financial system, and rising disposable incomes- creates fertile ground for sustained demand.
With strong foundations and future-focused investments, Grasim said it is well placed to participate in the next chapter of India’s growth.
Segment-wise performance:
Cellulosic Fibres
The Cellulosic Fibres segment reported revenue of Rs 4,149 crore, up 1% YoY, while EBITDA fell 29% YoY to Rs 350 crore due to higher input costs. CSF sales volume declined 5% YoY to 209 KT owing to temporary logistics challenges at Vilayat, which have since normalised, the company said. Speciality sales volumes rose 53% YoY on stronger exports, while CFY sales grew 3% YoY amid festive demand.
Chemicals
Revenue from the Chemicals business rose 17% YoY to Rs 2,399 crore. EBITDA increased 34% YoY to Rs 365 crore, supported by higher volumes in chlorine derivatives and improved ECU realisations, the company said. ECU realisations stood at Rs 32,979 per ton, up 8% YoY, while specialty chemicals volumes rose 34% YoY.
Building Materials
The Building Materials segment, comprising cement, paints and B2B e-commerce, reported revenue of Rs 22,253 crore, up 28% YoY, and EBITDA of Rs 2,950 crore, up 55% YoY. Growth was led by robust performance in the cement business, UltraTech, partly offset by initial investments in Birla Opus and Birla Pivot, the company said.
UltraTech’s cement revenue rose 20% YoY to Rs 19,607 crore, driven by higher volumes and improved realisations. Cement sales stood at 33.85 MT, up 6.9% YoY, while ready-mix concrete sales rose 26% YoY. Operating EBITDA per tonne increased 32% YoY to Rs 966. The company’s green power mix reached 41.6%, with a target of 85% by FY30.
The paints business, Birla Opus, continued to expand its market presence, reaching a total capacity of 1,332 MLPA and capturing around 24% industry capacity share, the second largest in India’s decorative paints market.
B2B e-commerce platform Birla Pivot recorded a 15% sequential revenue growth, supported by new customer additions and higher repeat orders. The business remains on track to achieve Rs 8,500 crore in annual revenue by FY27, Grasim said.
Financial Services
Aditya Birla Capital’s consolidated revenue grew 3% YoY to Rs 10,569 crore. The overall lending portfolio rose 29% YoY to Rs 1,77,855 crore, while total assets under management (AUM) increased 10% YoY to Rs 5,50,240 crore. Its digital platform, ABCD, had 7.6 million customers as of September 2025.
Other businesses
Revenue from other businesses, including textiles, renewables and insulators, stood at Rs 996 crore, with EBITDA at Rs 249 crore, led by strong growth in renewables, Grasim said. Installed renewable capacity nearly doubled YoY to 1.93 GWp. The textiles business posted a 6% YoY revenue rise to Rs 586 crore, returning to profitability with an EBITDA of Rs 24 crore following input cost normalisation in the linen segment.