India: Grasim Industries, the flagship company of the Aditya Birla group, raised its profit by 51.1% year-on-year to US$22.5m for the three months to 30 June 2026, the first quarter of the 2027 Fiscal Year. Revenue for the quarter grew by 21.4% year-on-year to US$5.1bn, while earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 7.7% year-on-year to US$814m, helped by stronger operating performance across businesses.
The building materials portfolio remained a key contributor in the first quarter. Revenue from the segment, which includes cement sales, paints and B2B e-commerce, rose by 21% year-on-year to US$3.0bn, while EBITDA increased by 17% year-on-year to US$524m.
Total cement sales volumes for the quarter rose by 12.2% year-on-year to 41.3Mt, while ready-mix concrete volumes increased by 18.0% year-on-year to 4.6Mm3. The group’s grey cement capacity stood at 205.5Mt/yr at the end of June 2026 following an 8.7Mt/yr expansion. The company is targeting a total capacity of more than 240Mt/yr by March 2028.
