EBITDA climbed 29% to Rs 5,217 crore in Q2 FY26 from Rs 4,056 crore in Q2 FY25, mainly led by higher profitability in the Cement and Chemicals businesses.
Revenue from Cellulosic Fibres business rose 1% YoY to Rs 4,149 crore, Cellulosic Staple Fibre (CSF) sales volume de-grew by 5% YoY at 209 KT due to temporary logistics challenges at Vilayat, which has currently normalized. Cellulosic Fashion Yarn (CFY) sales volumes was up by 3% YoY driven by festive demand, however realisation remains under pressure due to Chinese producers aggressive pricing for the Indian markets.
Revenue from chemical business stood at Rs 2,399 crore during the quarter, up 17% YoY , driven by higher volumes in Chlorine Derivatives and better ECU realizations. ECU realisations stood at Rs 32,979/ton, up 8% YoY. Caustic sales volumes stood flattish YoY due to lower production by constrained power availability.
The building material segment reported revenue of Rs 22,253 crore, up 28% YoY, led by overall performance across cement, paints and B2B E-commerce businesses.
Revenue from cement business stood at Rs 19,607 crore, up 20% YoY supported by both higher volumes and improved realisations. consolidated sales volumes stood at 33.85 MT in Q2 FY26, up by 6.9% YoY and ready-mix concrete sales volumes stood at 3.79 million m3, up 26% YoY. UltraTech has announced capacity expansion plans to achieve total grey cement capacity (India + Overseas) of 240.8 MTPA by March 2028 as against current capacity of 192.3 MTPA.
Under the paint business, the company said that Birla Opus continues to gain market share in the Indian decorative paints market, despite industry slowdown. The business has expanded its portfolio to 191 products with over 1,750 SKUs across entire six decorative paints product categories with launch of 13 new products.
The firm's B2B E-Commerce business, Birla Pivot reported 15% quarter-on-quarter (QoQ) revenue growth, fuelled by new customer additions, healthy repeat orders and increasing contribution from product categories such as non-ferrous, bitumen, chemicals and tiles & ply.
Revenue from financial service business grew by 3% YoY to Rs 10,569 crore. The overall lending portfolio (NBFC and HFC) increased by 29% YoY to Rs 1,77,855 crore. The total AUM (AMC, life insurance and health insurance) grew by 10% YoY to Rs 5,50,240 crore.
Revenue from other business (Textile, Renewables and Incubators) stood at Rs 996 crore and EBITDA stood at Rs 249 crore led by robust performance in the Renewables business. Textiles business revenue grew by 6% YoY at Rs 586 crore, led by festive demand in premium textiles.
Capital expenditure (capex) for Q2FY26 stood at Rs 461 crore. The cumulative capex for paints business stood at Rs 9,727 crore. In Cellulosic Fibres, Phase-1 of 55 KTPA (out of total 110 KTPA) is progressing well and commissioning is targeted by mid-2027.
Meanwhile, the company's board approved the acquisition of a 26% equity stake in three special purpose vehicles (SPVs) formed or to be formed as captive user for renewable energy projects.
Grasim Industries, a flagship company of the Aditya Birla Group, is a leading diversified player with leadership presence across many sectors. It is a leading global producer of viscose staple Fibre and viscose filament yarn, the largest chlor-alkali, advanced material, linen yarn and fabrics producer in India. The company recently has entered paints business and setting up six plants across pan-India locations.
The counter shed 0.81% to settle at Rs 2,880.70 on the BSE. The market was shut today on account of Guru Nanak Jayanti.
Powered by Capital Market - Live News
Beware of fraudulent tips, unauthenticated news and advice on stock market.
At BOB Capital, your account security is our topmost priority. Beware of receiving fraudulent communications, unauthenticated trading tips and unsolicited calls on trading in stocks from unverified sources, received through Whatsapp, Telegram, SMS, Calls, etc and take an informed decision before investing.
What should you do if you receive a trading tip over phone or SMS?
Report unsolicited messages to the Stock Exchange on +91 8291833676 or on designated email id i.e. feedbk_invg@nse.co.in. Please visit here to understand better.
Please visit CVC website at pledge.cvc.nic.in and take "Integrity Pledge" to be an active part of the "Satark Bharat, Samriddh Bharat" (Vigilant India, Prosperous India).
Filing complaints on SCORES - Easy & quick: a. Register on SCORES portal scores.sebi.gov.in/ b. Mandatory details for filing complaints on SCORES are i. Name, PAN, Address, Mobile Number, E-mail ID. c. Benefits: i. Effective communication ii. Speedy redressal of the grievances.
Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: