Grasim Revenue History — Quarter by Quarter

Grasim's revenue moved from ₹31,065 Cr in Q1 FY24 to ₹44,312 Cr in Q3 FY26, a 42.6% change over 11 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q3 FY26	₹44,312 Cr	+25%
Q2 FY26	₹9,610 Cr	+26%
Q1 FY26	₹40,118 Cr	+16%
Q4 FY25	₹8,929 Cr	+32%
Q3 FY25	₹34,793 Cr	+9%
Q2 FY25	₹33,563 Cr	+11%
Q1 FY25	₹33,861 Cr	—
Q4 FY24	₹1,30,978 Cr	—
Q3 FY24	₹31,965 Cr	+12%
Q2 FY24	₹30,221 Cr	+10%
Q1 FY24	₹31,065 Cr	+11%

What management said about revenue

Q3 FY26 · Birla Opus revenue target of INR 10,000 crore by FY28

Management reiterated achieving INR 10,000 crore revenue in the third full year of operations (FY28).

Q3 FY26 · Birla Pivot breakeven by FY27 exit

Birla Pivot expects to exit FY27 at breakeven level.

Q2 FY26 · Paints: #2 revenue market share and profitability within 3 years of full-scale operations

Management reaffirmed commitment to achieve number two revenue market share and profitability within three years of full-scale operations, with no change in strategy post CEO resignation.

Q2 FY26 · Paints: double-digit QoQ growth in Q3 FY26

Management guided for continued double-digit sequential growth in Q3, citing strong September and October sales momentum.

Q2 FY26 · Birla Pivot: likely to achieve INR 8,500 crore revenue target sooner than FY27

CEO indicated a likely chance of reaching the billion-dollar (INR 8,500 crore) milestone earlier than the stated FY27 target, though no formal revision yet.

Q2 FY26 · Chemicals: ECH and CPVC plants to contribute meaningfully from Q1 FY27

Mechanical completion expected by Q3 FY26, with meaningful contribution from first quarter of next financial year.

Q1 FY26 · B2B e-commerce: $1B revenue by FY27

Birla Pivot's annualized revenue run rate is on track to achieve INR 8,500 crore ($1 billion) by FY27.

Q4 FY25 · Birla Opus to achieve double-digit market share in FY26

Management aspires for Birla Opus standalone to reach double-digit revenue market share in FY26, up from high single digits currently.

Q4 FY25 · Birla Opus breakeven at INR 10,000 crore revenue

The paint business is expected to break even at an EBITDA level when it reaches INR 10,000 crore in revenue within three years of full-scale operations.

Q2 FY25 · Paints: exit FY25 with high single-digit market share

Birla Opus is on track to achieve high single-digit market share in decorative paints by end of FY25, with three plants commissioned and two more starting trial runs.

Q2 FY25 · Birla Pivot: $1 billion revenue in three years

B2B e-commerce platform targeting $1 billion revenue within three years from FY24, with current ramp-up ahead of expectations.

Q1 FY25 · Paints: High single-digit market share by FY25 end

Management reiterated target of achieving high single-digit market share by end of FY25.