Grasim Industries Q2 FY27 Results Awaited as Board Meets
Key highlights
- Grasim Industries will consider Q2 FY27 standalone and consolidated results on November 13, 2026.
- Grasim Industries reported Q1 FY27 revenue from operations of ₹48,716.20 crore.
- Q1 FY27 net profit attributable to owners was ₹2,145.91 crore and basic EPS was ₹31.64.
- Grasim Industries shares closed at ₹3,120, with market capitalisation of ₹212,328.50 crore.
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Grasim Industries Limited is scheduled to consider its Q2 FY27 financial results on November 13, 2026, after reporting consolidated revenue from operations of ₹48,716.20 crore in Q1 FY27. The board meeting will determine the unaudited standalone and consolidated figures for the July-September quarter and the first half ended September 30.
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When will Grasim Industries announce Q2 FY27 results?
Grasim Industries is scheduled to consider and approve its unaudited Q2 FY27 standalone and consolidated financial results at its board meeting on Friday, November 13, 2026. The reporting period covers July to September 2026, while the board will also consider results for the six months ended September 30, 2026.
The company informed stock exchanges on October 30 that the meeting had been scheduled for this purpose. The announcement sets out the reporting timetable, but it does not contain the September-quarter revenue, profit, margin, or segment figures. Those numbers will become available only after the board approves the results and the company files them with the exchanges.
Grasim has also scheduled an earnings conference call at 4:00 p.m. IST on November 13. Management commentary during that call will be relevant for understanding the performance of its operating businesses and any updates on current business initiatives.
The company stated that its trading window would remain closed until 48 hours after the result announcement, extending to November 15. This is part of the disclosure process around the release of unpublished price-sensitive financial information.
Which Grasim Industries businesses will investors monitor?
Investors will monitor Grasim Industries' cement, paints, chemicals, cellulosic fibre and B2B e-commerce businesses when Q2 FY27 results are filed. Grasim is the Aditya Birla Group's diversified manufacturing flagship, and its consolidated numbers reflect a mix of established operations and newer businesses.
UltraTech Cement is a key business under the wider group structure, making cement performance relevant to the consolidated assessment. Investors will also look for updates on Birla Opus paints and Birla Pivot, particularly any information on operating progress and losses associated with newer growth initiatives.
The available earnings preview identifies margin trends in cellulosic fibres and chemicals as important areas to watch. However, no Q2 FY27 segment result or profitability figure had been disclosed in the provided information before the scheduled board meeting.
The September-quarter release will therefore be important not simply for the consolidated headline numbers but also for management's explanation of the individual businesses. Until the filing is made, conclusions on quarterly performance cannot be drawn from the result-date announcement alone.
How did Grasim Industries perform in the previous quarter?
Grasim Industries reported consolidated revenue from operations of ₹48,716.20 crore in Q1 FY27, compared with ₹40,118.08 crore in Q1 FY26. Its Q1 FY27 total income was ₹49,021.35 crore, while profit before tax stood at ₹5,156.98 crore.
The quarterly-results data filed with the NSE shows net profit for the period of ₹3,846.28 crore and net profit attributable to owners of ₹2,145.91 crore for Q1 FY27. Basic earnings per share were ₹31.64. These figures provide the most recent reported benchmark ahead of the September-quarter release.
Q1 FY27 revenue from operations was lower than ₹51,101.11 crore in Q4 FY26, reflecting a sequential comparison with the immediately preceding quarter. The company had reported ₹39,899.58 crore in revenue from operations in Q2 FY26, the comparable year-earlier September quarter.
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What is the market context before the Q2 FY27 release?
Grasim Industries shares closed at ₹3,120 per equity share on Thursday before the scheduled result announcement. The company had a market capitalisation of ₹212,328.50 crore, placing the earnings update under close attention in the Indian market.
The Q2 announcement arrives during a busy September-quarter earnings day. Grasim Industries was among several companies scheduled to report on November 13, alongside companies including Eicher Motors, ABB India, Tata Motors Passenger Vehicles, Rail Vikas Nigam and Godrej Industries.
For investors, the immediate market relevance is the comparison between the forthcoming Q2 FY27 results and Grasim's reported Q1 FY27 base. Revenue, profit, cash costs and margins in the established businesses, along with disclosures around newer businesses, will shape the financial assessment once official numbers are released.
The company has not disclosed Q2 FY27 financial performance in the reporting-schedule announcement. As a result, the share price and market capitalisation are current reference points rather than evidence of how the September quarter performed.
Why do the Q2 FY27 results matter for Grasim Industries investors?
The Q2 FY27 release matters because it will provide updated, approved financial data across Grasim Industries' diversified portfolio for both the quarter and the first half of FY27. It will also allow investors to compare the September quarter with Q1 FY27 and Q2 FY26 using company-filed figures.
The scale of the Q1 FY27 base is notable: revenue from operations was ₹48,716.20 crore, and profit attributable to owners was ₹2,145.91 crore. Whether those measures rose or fell in Q2 will only be known after the board's outcome filing.
Investors will also focus on management's discussion of paints, B2B e-commerce, cellulosic fibres and chemicals. The available preview points to narrowing losses at Birla Opus and Birla Pivot, as well as margin movement in fibres and chemicals, as areas of interest rather than confirmed Q2 outcomes.
The earnings call is the next scheduled forum for clarification after the results announcement. It may provide operational context, but it cannot substitute for the approved standalone and consolidated statements that the company is due to file.
Conclusion
Grasim Industries enters its Q2 FY27 reporting date with a broad set of businesses under review and a recent Q1 FY27 revenue base of ₹48,716.20 crore. The November 13 board meeting is significant because it will provide the first official September-quarter figures for revenue, profitability and consolidated performance.
Investors should watch for the approved financial statements, segment disclosures and management's 4:00 p.m. IST earnings call on November 13. The key unresolved matters are the quarterly performance of cement, paints, chemicals and newer businesses, along with the direction of margins and reported losses in those operations.


