GRASIM Q2 FY27 results at a glance
GRASIM INDUSTRIES LTD Q2 FY27 key results metrics| Quarter | Q2 FY27 |
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| Quarter ended | 30 Sept 2026 |
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| Revenue | ₹50,105 cr |
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| Revenue YoY | — |
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| Operating profit | ₹4,137 cr |
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| Operating margin | 8.3% |
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| Net profit | ₹1,029 cr |
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| Net profit YoY | — |
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| Net profit QoQ | -52.0% |
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| Net margin | 2.1% |
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| Basic EPS | ₹-3.45 |
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| TTM revenue | ₹1,94,234 cr |
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| TTM net profit | ₹6,170 cr |
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| TTM net margin | 3.2% |
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GRASIM Q2 FY27 results: what the numbers say
GRASIM INDUSTRIES LTD (GRASIM) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹50,105 cr and a net profit of ₹1,029 cr, translating into earnings per share of ₹-3.45.
Operating profit for the quarter stood at ₹4,137 cr, an operating margin of 8.3%.
GRASIM quarter-wise results table
Operating profit
₹4,137 cr
— YoY
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GRASIM INDUSTRIES LTD (GRASIM) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q2 FY272026-09-30 | ₹50,105 cr | ₹4,137 cr | ₹1,029 cr | 8.3% | 2.1% | ₹-3.45 | — | -52.0% |
| Q1 FY272026-06-30 | ₹48,716 cr | ₹5,784 cr | ₹2,146 cr | 11.9% | 4.4% | ₹31.64 | +51.1% | +9.6% |
| Q4 FY262026-03-31 | ₹51,101 cr | ₹5,741 cr | ₹1,958 cr | 11.2% | 3.8% | ₹28.87 | +30.9% | +88.9% |
| Q3 FY262025-12-31 | ₹44,312 cr | ₹3,974 cr | ₹1,037 cr | 9.0% | 2.3% | ₹15.28 | — | -27.0% |
| Q1 FY262025-06-30 | ₹40,118 cr | ₹4,277 cr | ₹1,421 cr | 10.7% | 3.5% | ₹20.93 | — | -5.0% |
| Q4 FY252025-03-31 | ₹44,267 cr | ₹4,333 cr | ₹1,496 cr | 9.8% | 3.4% | ₹22.22 | — | — |
| TTM (last 4 quarters) | ₹1,94,234 cr | ₹19,637 cr | ₹6,170 cr | 10.1% | 3.2% | ₹72.34 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
GRASIM quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
GRASIM INDUSTRIES LTD quarterly income statement| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
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| Revenue / Sales | ₹50,105 cr | ₹48,716 cr | ₹51,101 cr | ₹44,312 cr | ₹40,118 cr | ₹44,267 cr |
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| Total expenses | ₹47,038 cr | ₹42,932 cr | ₹45,360 cr | ₹40,338 cr | ₹35,841 cr | ₹39,934 cr |
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| Gross profit | — | ₹22,425 cr | ₹23,190 cr | ₹19,616 cr | ₹18,668 cr | ₹19,889 cr |
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| Operating profit (EBIT) | ₹4,137 cr | ₹5,784 cr | ₹5,741 cr | ₹3,974 cr | ₹4,277 cr | ₹4,333 cr |
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| Operating margin | 8.3% | 11.9% | 11.2% | 9.0% | 10.7% | 9.8% |
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| Interest cost | ₹1,069 cr | ₹919 cr | ₹922 cr | ₹933 cr | ₹816 cr | ₹821 cr |
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| Profit before tax | ₹2,628 cr | ₹5,183 cr | ₹5,078 cr | ₹3,051 cr | ₹3,837 cr | ₹3,996 cr |
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| Tax expense | ₹1,667 cr | ₹1,337 cr | ₹1,276 cr | ₹818 cr | ₹1,067 cr | ₹1,023 cr |
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| Effective tax rate | 63.4% | 25.8% | 25.1% | 26.8% | 27.8% | 25.6% |
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| Net profit (PAT) | ₹1,029 cr | ₹2,146 cr | ₹1,958 cr | ₹1,037 cr | ₹1,421 cr | ₹1,496 cr |
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| Net profit margin | 2.1% | 4.4% | 3.8% | 2.3% | 3.5% | 3.4% |
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| Basic EPS | ₹-3.45 | ₹31.64 | ₹28.87 | ₹15.28 | ₹20.93 | ₹22.22 |
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| Diluted EPS | — | ₹31.60 | ₹28.84 | ₹15.26 | ₹20.91 | ₹22.19 |
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GRASIM results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
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| Revenue YoY | — | +21.4% | +15.4% | — | — | — |
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| Revenue QoQ | +2.9% | -4.7% | +15.3% | +10.5% | -9.4% | — |
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| Operating profit YoY | — | +35.2% | +32.5% | — | — | — |
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| Operating profit QoQ | -28.5% | +0.7% | +44.5% | -7.1% | -1.3% | — |
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| Net profit YoY | — | +51.1% | +30.9% | — | — | — |
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| Net profit QoQ | -52.0% | +9.6% | +88.9% | -27.0% | -5.0% | — |
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| EPS YoY | — | +51.2% | +29.9% | — | — | — |
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| EPS QoQ | -110.9% | +9.6% | +88.9% | -27.0% | -5.8% | — |
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GRASIM annual results history
Full-year performance for GRASIM INDUSTRIES LTD, useful for reading each quarter in context.
GRASIM INDUSTRIES LTD annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹1,73,925 cr | ₹1,47,178 cr | ₹1,29,579 cr | ₹1,16,467 cr |
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| Total expenses | ₹1,56,987 cr | ₹1,35,101 cr | ₹1,15,061 cr | ₹1,04,207 cr |
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| Gross profit | ₹72,305 cr | ₹61,065 cr | ₹55,551 cr | ₹49,172 cr |
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| Operating profit (EBIT) | ₹16,938 cr | ₹12,077 cr | ₹14,518 cr | ₹12,260 cr |
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| Operating margin | 9.7% | 8.2% | 11.2% | 10.5% |
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| Interest cost | ₹3,434 cr | ₹2,772 cr | ₹1,644 cr | ₹1,252 cr |
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| Profit before tax | ₹14,473 cr | ₹10,825 cr | ₹13,700 cr | ₹14,727 cr |
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| Tax expense | ₹4,172 cr | ₹3,069 cr | ₹3,774 cr | ₹3,649 cr |
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| Effective tax rate | 28.8% | 28.3% | 27.5% | 24.8% |
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| Net profit (PAT) | ₹4,966 cr | ₹3,706 cr | ₹5,624 cr | ₹6,827 cr |
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| Net profit margin | 2.9% | 2.5% | 4.3% | 5.9% |
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| Basic EPS | ₹73.21 | ₹55.57 | ₹85.29 | ₹103.57 |
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| Diluted EPS | ₹73.13 | ₹55.50 | ₹85.15 | ₹103.47 |
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Revenue trend and demand read-through
Topline for Q2 FY27 came in at ₹50,105 cr, and ₹48,716 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue grew +2.9%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹47,038 cr, or 93.9% of revenue.
Margins, tax and profitability
Net profit of ₹1,029 cr works out to a net margin of 2.1%.
Below the operating line, GRASIM INDUSTRIES LTD reported profit before tax of ₹2,628 cr, a tax charge of ₹1,667 cr (effective rate 63.4%), interest cost of ₹1,069 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹2,146 cr in Q1 FY27 to ₹1,029 cr in Q2 FY27, a change of -52.0%.
Trailing twelve months and annual context
Across the trailing four quarters GRASIM INDUSTRIES LTD has generated revenue of ₹1,94,234 cr and net profit of ₹6,170 cr, a trailing net margin of 3.2%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹1,73,925 cr with net profit of ₹4,966 cr and EPS of ₹73.21, versus the prior year where revenue grew +18.2% and profit grew +34.0%.
What to watch in the next GRASIM quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
GRASIM INDUSTRIES LTD has intimated the exchange that its board meets on 13 Nov 2026 to approve financial results. The figures shown here update when Yahoo Finance publishes the corresponding statement data, which can lag the filing.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
GRASIM results coverage
GRASIM quarterly results FAQs
What were GRASIM INDUSTRIES LTD (GRASIM) Q2 FY27 results?
In Q2 FY27 (quarter ended 30 Sept 2026), GRASIM INDUSTRIES LTD reported revenue of ₹50,105 cr and net profit of ₹1,029 cr. EPS stood at ₹-3.45.
What is GRASIM profit margin in Q2 FY27?
GRASIM INDUSTRIES LTD posted a net profit margin of 2.1% and an operating margin of 8.3% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹1,94,234 cr and net profit ₹6,170 cr.
Did GRASIM results beat the previous quarter?
GRASIM INDUSTRIES LTD net profit changed -52.0% quarter on quarter, from ₹2,146 cr in Q1 FY27 to ₹1,029 cr in Q2 FY27.
When are GRASIM INDUSTRIES LTD (GRASIM) quarterly results?
The board of GRASIM INDUSTRIES LTD meets on 13 Nov 2026 to consider and approve the financial results, as per the exchange filing.
Where can I see GRASIM latest quarterly results?
Our latest GRASIM results coverage — "Grasim Industries Limited Q2 FY27 Results: Net Profit ₹1,029 cr" — breaks down revenue, profit, margins and management commentary.
What is GRASIM INDUSTRIES LTD annual revenue and profit?
For FY26, GRASIM INDUSTRIES LTD reported full-year revenue of ₹1,73,925 cr and net profit of ₹4,966 cr, with EPS of ₹73.21.
How many quarterly results has GRASIM declared recently?
Past results dates for GRASIM will be listed here from the exchange calendar.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 13 Nov 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.