$GRASIM

Grasim's Q4 FY26 financial performance demonstrated remarkable operational leverage, with net profit advancing at a much faster pace than revenue growth. The company's profit after tax margin expanded to 7.44% in Q4 FY26 from 5.04% in Q3 FY26 and 6.72% in Q4 FY25, reflecting improved profitability across business segments. The gross profit margin similarly strengthened to 13.71% from the previous quarter's 11.47%, indicating better realisation and cost management. On an annual basis, FY25 revenue reached ₹1,48,477 crores, representing 13.40% growth over FY24's ₹1,30,978 crores. However, the full-year net profit of ₹7,459 crores declined 24.17% from FY24's ₹9,836 crores, primarily due to significantly higher interest costs that surged 34.74% to ₹12,500 crores. This divergence between quarterly momentum and annual performance underscores the mounting financial burden from the company's aggressive capital deployment.