The Aditya Birla Group said revenue from operations for the first quarter ended June 2025 stood at Rs 40,118.08 crore, reflecting a 16% rise YoY compared to Rs 34,609.75 crore reported in June 2024 quarter.
EBITDA for the June quarter stood at Rs 6,430 crore, up 36% YoY, driven by improved profitability in the Cement and Chemicals businesses.
The company noted that this was “partially offset by investments for building a strong consumer-facing Paints business: Birla Opus, in-line with company’s expectations.” The Paints business, which is in a ramp-up phase, remains a strategic priority for Grasim.
Segment-wise performances in Q1
Grasim said it witnessed “superior performance across key businesses” during the quarter. In its Chemicals segment, EBITDA rose 36% YoY, supported by “improved performance in Caustic soda and Chlorine derivatives.” Revenue in the Cellulosic Staple Fibre business grew by 7% YoY, with domestic volumes higher by 2%.
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Cement volumes grew 9.7% YoY on a consolidated basis, including contributions from India Cements. The company reported that its Birla Opus decorative paints business saw “double digit QoQ decorative paints revenue growth,” while Birla Pivot, its B2B e-commerce platform, continued its expansion with “consistent QoQ growth in revenue with new customer additions and healthy repeat orders.”In the financial services segment, the company’s total lending portfolio (NBFC + HFC) expanded 30% YoY to Rs 1,65,832 crore during the quarter.
Capex and outlook
Capital expenditure for Q1 FY26 stood at Rs 480 crore. The board has approved capex of Rs 2,263 crore for the full financial year. The company said that “Phase-1 of the Cellulosic Fibres business, Lyocell project of 55K TPA (total capacity 110K TPA) is progressing as per plan with commissioning targeted by mid-2027.”
Looking ahead, Grasim said it stands to benefit from India’s broad-based economic momentum. “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,” the company said.
Grasim Industries shares were trading 1.8% lower on Friday at Rs 2,694 on the BSE post the first quarter earnings announcement.
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