Grasim Q2 FY27: Profit +187% to ₹2,306 Cr, Revenue +33%

📊 Grasim Industries GRASIM Q2 FY27 standalone results are out (13 Nov 2026) — a big headline jump, but the details matter. Key numbers (standalone, YoY): ✅ Revenue: ₹12,746 Cr, up ~33% — an all-time high for a Q2 ✅ Reported PAT: ₹2,306 Cr vs ₹805 Cr, up ~187% ✅ EBITDA: ₹4,615 Cr, up ~158% — includes a ₹3,968 Cr dividend from UltraTech Cement ✅ Exceptional charge: ~₹825 Cr for impairment/provision linked to the Canadian pulp JV (AV Group NB Inc.) ✅ Management: Cellulosic Fibres, Chemicals stayed resilient; Paints (Birla Opus) and B2B e-commerce kept their momentum ✅ Stock reaction: shares slipped 1.6–3% intraday despite the headline growth What to study as an investor: 🔹 How much of the profit jump is the one-time UltraTech dividend vs core business 🔹 Paints business losses vs market-share gains 🔹 VSF and chemical pricing amid global volatility Question: Is Grasim a holding-company story or a paints growth story for you? Share your view in the comments 👇 📲 For daily market notes, search "Neha Gupta SEBI RA" on Telegram and join the FREE channel. Neha Gupta | SEBI Registered Research Analyst | Reg. No. INH000016542 ⚠️ Disclaimer: This content is for educational purposes only and is not investment advice or a buy/sell recommendation. Investments in the securities market are subject to market risks. Read all related documents carefully before investing.