Now Reading: Grasim Q2 net profit jumps 187% to ₹2,306 crore
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Grasim Q2 net profit jumps 187% to ₹2,306 crore
The Story in Brief
Grasim Industries on Friday, 13 November reported a standalone net profit of ₹2,306 crore for the September quarter, up 187% year-on-year from ₹805 crore. Revenue rose 33% to ₹12,746 crore. EBITDA jumped 158% to ₹4,615 crore, driven by a ₹3,968 crore dividend from UltraTech Cement and a favourable product mix, the company said. Business Standard notes that excluding the exceptional charge, profit more than tripled to ₹3,765 crore.
The profit was adjusted for a one-time exceptional loss of ₹825 crore from temporary idling of a dissolving grade pulp mill in Canada, operated by joint venture AV Group NB Inc. CNBC-TV18 reports that an impairment charge of ₹187.42 crore and an additional provision of ₹638.01 crore were booked. Grasim’s decorative paints unit Birla Opus reported revenue of ₹1,337 crore, up 35%, and aims to cross double-digit revenue market share in the second half of FY2026-27. Shares fell 1.6% to ₹3,064.7.
Indian Opinion Analysis
All four outlets report essentially uniform coverage of Grasim’s Q2 results. CNBC-TV18 leads with the margin miss and the ₹825 crore impairment, while Business Standard and Economic Times foreground the 187% profit jump. NDTV notes both the near-tripling of net profit and the one-time loss in the same sentence. No outlet adopts a critical or pro-government framing, the story is a routine corporate earnings report without political implications. The difference is purely editorial emphasis: one outlet leads on the miss relative to expectations, three lead on the headline growth figures. The net profit figure of ₹2,306 crore, the ₹825 crore exceptional charge, and the ₹3,968 crore dividend from UltraTech are consistent across all sources. Business Standard adds that excluding the charge, profit more than tripled to ₹3,765 crore, a metric the others omit. Birla Opus revenue guidance of double-digit market share by H2 FY27 is cited by three outlets.
Coverage: 4 sources, 4 neutral
Sources (4): cnbctv18.com (neutral report), economictimes.indiatimes.com (neutral report), ndtv.com (neutral report), business-standard.com (neutral report)
This brief was synthesised by AI from the 4 sources linked above, so one read covers every framing they carry. Methodology and corrections.
Update, 13 November 2026: this story now draws on 4 sources.
