Profit soars 39%, but Grasim stock crashes 3% after Q1 results

Mumbai/IBNS: Shares of Grasim Industries fell around 3 per cent on Thursday despite the company reporting a strong turnaround in profitability for the June quarter (Q1 FY27), media reports said.

IBNS • 13 Aug 2026, 08:30 am

Profit soars 39%, but Grasim stock crashes 3% after Q1 results

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The stock was trading at around ₹3,234.60 apiece soon after the opening bell.

Consolidated net profit rises 38.8%

For Q1 FY27, Grasim Industries reported a consolidated net profit of ₹3,846.28 crore, marking a 38.8 per cent year-on-year increase from ₹2,770.63 crore in the corresponding quarter of the previous fiscal.

The company's revenue from operations rose 21.4 per cent year-on-year to ₹48,716.20 crore.

EBITDA hits record high

Grasim's consolidated EBITDA stood at ₹8,077 crore during the quarter, marking its highest-ever quarterly EBITDA.

Standalone profit turns positive

On a standalone basis, Grasim Industries reported a net profit of ₹247 crore in Q1 FY27, compared with a loss of ₹118 crore in the year-ago quarter.

Despite the improvement in its financial performance, the company's shares remained under pressure in early trade on Thursday.