GRASIM INDUSTRIES LIMITED - Quarterly Result Update Q4'25

Q4FY25, Revenue up 17.3 YoY to Rs 44267 crore, Margins declined, below street’s estimates. On consolidated basis Quarter ended March 2025 compared with Quarter ended March 2024. Net sales (including other operating income) of Grasim Industries has increased 17.34% to Rs 44267.26 crore. Sales of Cellulosic Fibre segment has gone up 7.69% to Rs 4,050.93 crore (accounting for 9.07% of total sales). Sales of Chemicals segment has gone up 10.49% to Rs 2,301.51 crore (accounting for 5.15% of total sales). Sales of Others segment has gone up 13.67% to Rs 897.85 crore (accounting for 2.01% of total sales). Sales of Financial Services segment has gone up 16.34% to Rs 12,196.79 crore (accounting for 27.30% of total sales). Sales of Building Material segment has gone up 20.62% to Rs 25,232.01 crore (accounting for 56.47% of total sales). Inter-segment sales rose Rs 309.77 crore to Rs 411.83 crore. Profit before interest, tax and other unallocable items (PBIT) has jumped 6.15% to Rs 6,393.04 crore. PBIT of Cellulosic Fibre segment fell 36.49% to Rs 293.40 crore (accounting for 4.59% of total PBIT). PBIT of Chemicals segment rose 51.37% to Rs 295.50 crore (accounting for 4.62% of total PBIT). PBIT of Others segment rose 32.98% to Rs 139.43 crore (accounting for 2.18% of total PBIT). PBIT of Financial Services segment rose 13.38% to Rs 1,259.03 crore (accounting for 19.69% of total PBIT). PBIT of Building Material segment rose 6.16% to Rs 4,405.68 crore (accounting for 68.91% of total PBIT). PBIT margin of Cellulosic Fibre segment fell from 12.28% to 7.24%. PBIT margin of Chemicals segment rose from 9.37% to 12.84%. PBIT margin of Others segment rose from 13.27% to