<img src="https://www.cms.adityabirla.com/uploads/abg_htls_2024_26c224bfac.webp" alt="abg-htls-2024.webp">Aditya Birla Group Hindustan Times Leadership Summit (HTLS) 2024, brought together leaders and icons from across the fields of politics, sports, business, health, science, and entertainment to share their views on the theme: Progressing Beyond Barriers.The audience included senior politicians, bureaucrats, diplomats, business executives, thinkers, commentators, and analysts. Over the years, the Summit has become one of India’s most prestigious and eagerly awaited forums.HTLS 2024 hosted distinguished public figures such as Narendra Modi, Hon. Prime Minister of India; Dr. S. Jaishankar, Hon. Minister of External Affairs, Government of India; John Kerry, 68th U.S. Secretary of State; Chandrababu Naidu, Hon. Chief Minister of Andhra Pradesh; Kumar Mangalam Birla, Chairman, Aditya Birla Group; Hon. Elizabeth Truss, Former Prime Minister of the United Kingdom; Dr. Manish Gupta, Director, Google Deepmind; Akshay Kumar, Actor &amp; Producer; Ajay Devgn, Filmmaker &amp; Entrepreneur; and Nitin Gadkari, Hon. Minister of road Transport &amp; Highways, Government of India; among others.Here are some quotable quotes from the event: <a href="/en/media/stories/aditya-birla-group-hindustan-times-leadership-summit-2024.html">HTLS 2024</a>

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Aditya Birla Group Hindustan Times Leadership Summit 2024

The Aditya Birla Group once again joined forces with TEDxGateway 2024, India's hub of innovative ideas, on March 2nd at at the Jamshed Bhabha Theatre in NCPA, Mumbai. It was an exhilarating day, fulfilling its mission by sparking stimulating conversations and fostering connections.With over 20 outstanding speakers ranging from visionary artists to tech pioneers and captivating storytellers, the event was a showcase of diverse perspectives. Their stories, fuelled by passion and resilience, left a lasting impact, igniting imaginations along the way. The line-up also included researchers, philanthropists, educators, and activists, underscoring TEDxGateway's dedication to ground-breaking ideas.TEDxGateway, an independently organised TEDx event, has a rich history. Since its modest beginnings in 2010, it has evolved into India's premier platform for thought leaders. Today, it hosts multiple events annually, drawing over 55,400 attendees (on-ground) and 350+ speakers of global repute, and continues to spread impactful ideas.

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TEDxGateway 2024: A Day of Inspiration

Starting from 31 October 2023, until 4 November 2023, Aditya Birla Group Hindustan Times Leadership Summit (HTLS) 2023, will bring together leaders and icons from across the fields of politics, sports, business, health, science, and entertainment to share their views on the theme 'Beyond Barriers'.HTLS 2023 will host distinguished public figures such as Prime Minister Narendra Modi, Chief Justice of India Dhananjaya Y. Chandrachud, and Minister of External Affairs Dr. S. Jaishankar. It will also feature well-known personalities from politics to sports and even entertainment industries, such as Piyush Goyal, Ashwini Vaishnaw, Sushmita Sen, Karan Johar, Alia Bhatt, Charlize, Satwiksairaj Rankireddy and Chirag Shetty, Bhagwant Mann, Sukhvinder Singh Sukhu, Alan Mamedi, Neeraj Chopra, Navin Chawla, and Chris Miller.Launched in 2003, HTLS has evolved into a platform that enhances the quality of discourse on critical global issues and fosters solution-oriented discussions among leaders. Over the years, the summit has grown to become one of the most eagerly anticipated events in India.To learn more or register for the event, click <a href="https://htls2023.virtualeventexp.com/signup">here</a>.

Aditya Birla Group Hindustan Times Leadership Summit 2023

Empowerment

Resilience

Well-being

Perseverance

Passion

Inclusion

Leadership

Responsibility

Significance

Aarti Pathak, Author, Triple Negative and Rohit Pathak, CEO - Birla Copper

Open Mic - Rohit Pathak & Aaarti Pathak

Satyaki Ghosh, CEO – Cellulosic Fashion Yarn, Grasim Industries, reflects on a journey shaped by bold pivots, conscious leadership, and a pursuit of balance over milestones.

From Kurkure to Couture with Satyaki Ghosh - Part 2

From Kurkure to Couture with Satyaki Ghosh - Part 1

Ashok Ramchandran, Director, Group HR dives deep into key leadership shifts, the new-age workplace, and what it takes to keep people engaged in a rapidly changing world.

Leadership Blueprint and the Future of Work: Part 1

In a defining moment for Indian storytelling on the world stage, ‘Gandhi’ the ambitious International series from Applause Entertainment, will have its world premiere at the 2025 Toronto International Film Festival (TIFF).Directed by visionary filmmaker Hansal Mehta and headlined by Pratik Gandhi, ‘Gandhi’ has been selected as part of TIFF’s Primetime Programme, making it the first Indian series ever to be showcased in this global celebration of episodic storytelling.Adapted from the definitive biographies by historian Ramachandra Guha, ‘Gandhi’ is a sweeping, multi-season epic that reimagines the life of Mohandas Karamchand Gandhi, not as the icon we remember, but as the young, flawed, ambitious man the world has yet to meet.An Untold Story of Becoming, Season One (1888–1915) traces Gandhi’s early journey - from a curious adolescent in colonial India, to an awkward law student in London, to the young barrister who would spend 23 transformative years in South Africa. It is a story of contradictions, failures, awakenings, and self-discovery. Long before he became the Mahatma, he was just Mohan.Since its inception in 2015, TIFF Primetime has spotlighted auteur-driven series that push the boundaries of long-form storytelling. Over the years, some handpicked series like Alfonso Cuarón's "Disclaimer”, “All the Light We Cannot See" from Shawn Levy and Steven Knight, George Pelecanos, Netflix's first German series "Dark” have premiered at the festival. In joining this distinguished roster, ‘Gandhi’ becomes the first Indian series ever invited to the programme, and marks a major cultural milestone.Sameer Nair, Producer, Managing Director, Applause Entertainment, “To have ‘Gandhi’ selected for TIFF’s Primetime showcase is both an honour and a moment of immense pride; not just for Applause, but for Indian storytelling. Taking you up close and personal to the young Mohan way before he became the man history knows, this series is the culmination of deep research, creative development, and unwavering belief in the human story we wanted to tell. TIFF will be the first time our ‘Gandhi’ will be seen by audiences. To begin that journey on a global platform of such import, is the perfect start and we can’t wait for the world to discover him.”Hansal Mehta, Director and Showrunner, “’Gandhi’ has been the most creatively challenging and soul- stirring journey of my career. It’s not just a story from our past—it’s a meditation on conscience, a portrait of a man in constant conflict with himself and his times. TIFF has previously been home to some of my most precious pieces of work, and to have perhaps the most ambitious story of my career premiering there is doubly special—particularly in TIFF’s 50th year. To share this journey at a festival that has embraced me over the years is both humbling and surreal. I hope it opens the door for more Indian series to find their place on the world stage.”The TIFF premiere will see key members of the team in attendance including Sameer Nair, Hansal Mehta, Siddharth Khaitan, and lead actor Pratik Gandhi along with Tom Felton and Kabir Bedi. Backed by an exceptional creative team, Gandhi boasts music by A.R. Rahman and writing by Vaibhav Vishal, Karan Vyas, Felix von Stumm, Hema Gopinathan, Sehaj Kaur Maini, and Yashna Malhotra. The series also benefited from the guidance of esteemed script advisors including Siddhartha Basu, historian and author Ramachandra Guha. Casting was led by Mukesh Chhabra (India) and Shakyra Dowling (International), with production design by Shashank Tere, costumes by Pia Benegal, and cinematography by Pratham Mehta, collectively bringing authenticity, scale, and detail to this monumental project.<h3><img class="image_resized image-style-align-left image image-style-side" style="width:35%;" src="https://www.cms.adityabirla.com/uploads/Gandhi_only_tiff_revised_new_885e5d702c.webp" alt="Gandhi_only_tiff_revised_new.webp"> About Applause Entertainment</h3>Applause Entertainment is a leading content and IP studio focused on premium dramas, films, documentaries, and animation. A venture of the Aditya Birla Group, helmed by Sameer Nair, the studio has built a reputation for bold, quality storytelling with acclaimed titles such as Scam 1992, Criminal Justice, Black Warrant, The Hunt: The Rajiv Gandhi Assassination, and Undekhi. Its theatrical forays include Zwigato, Por Thozhil, Do Aur Do Pyaar, and Sharmajee Ki Beti. Recently, Applause also launched ApplaToon, a dedicated YouTube channel for children’s animation. With Gandhi, the studio embarks on its most ambitious series yet—an international portrait of a man who changed the world, but first had to find himself.<div class="page-break" style="page-break-after:always;">&nbsp;</div>&nbsp;

Applause Entertainment’s ‘Gandhi’ to have its world premiere at the Toronto International Film Festival 2025

<h3>Key Highlights</h3><ul><li>PAT at ₹4,004 crore, up 30%&nbsp;</li><li>Aluminium Upstream quarterly EBITDA at ₹4,080 crore, up 17%&nbsp;</li><li>Industry-best Aluminium Upstream EBITDA margins, at 44%</li><li>All-time high Aluminium Downstream quarterly EBITDA at ₹229 crore, up 108%</li><li>Copper EBITDA at ₹673 crore, in line with guidance</li><li>Novelis’ shipments up 1% at 963 KT with can volumes up 8%</li><li>Novelis’ cost reduction initiatives target $100 million run-rate savings by FY26 and $300 million by FY28</li><li>Key growth projects such as Bay Minette and India expansions remain on track</li><li>Consolidated Net Debt to EBITDA at 1.02x as of June 30, 2025 vs 1.24x a year ago</li></ul> <a href="/businesses/companies/hindalco-industries-limited/">Hindalco Industries Limited</a>, Aditya Birla Group metals flagship, today reported results for the quarter ended June 30, 2025. Consolidated EBITDA for the first quarter stood at &nbsp;₹8,673 crore, up 9% from the same quarter last year, and Net Profit increased to ₹4,004 crore, up 30% over the prior year quarter. &nbsp;The robust results were driven by a strong performance by the India business, and a resilient performance by Novelis. India Aluminium Upstream business delivered another standout performance with EBITDA at ₹4,080 crore, up 17%, while Aluminium Downstream achieved a record EBITDA of ₹229 crore, up 108% compared to Q1FY25. Despite headwinds, Novelis reported a 1% increase in shipments driven by beverage can shipments which registered a solid 8 per cent growth over the prior year quarter.&nbsp;&nbsp;<figure class="table" style="margin-left:0;"><table><tbody><tr><td>Particulars</td><td>Q1 FY25</td><td>Q1 FY26</td><td>% Growth</td></tr><tr><td>Revenue from Operations</td><td>57,013</td><td>64,232</td><td>13%</td></tr><tr><td>EBITDA</td><td>7,992</td><td>8,673</td><td>9%</td></tr><tr><td>PBDT</td><td>7,133</td><td>7,919</td><td>11%</td></tr><tr><td>Profit Before Tax (After Exceptional Item)</td><td>4,848</td><td>5,676</td><td>17%</td></tr><tr><td>Profit/ (Loss) After Tax</td><td>3,074</td><td>4,004</td><td>30%</td></tr><tr><td>EPS (₹/Share) - Basic</td><td>13.84</td><td>18.03</td><td>30%</td></tr></tbody></table><figcaption>Summary of Consolidated Financial Highlights for the Quarter ended June 30, 2025 (₹Crore)</figcaption></figure> Commenting on the results, Mr. Satish Pai, Managing Director, Hindalco Industries, said, “After the record profitability of FY25, Hindalco sustained its growth momentum with a strong first quarter performance, driven by operational efficiencies, cost control, and an enhanced product mix.Aluminium India Upstream business continued to outperform with industry-best EBITDA margins of 44%. Aluminium India Downstream had a stellar quarter and reported its strongest quarterly performance with 2x EBITDA growth. The Copper business delivered a healthy EBITDA in line with our guidance, despite lower TC/RCs. Novelis recorded 1% growth in shipments, driven by all-time high quarterly beverage can volumes and accelerated cost reduction initiatives.We made significant progress in our downstream growth projects: the 170 KT Aditya FRP project, Aluminium AC fins, and the Copper IGT facility are under commissioning. Looking ahead, our integrated business model, strategic investments and cost discipline, position us well to deliver sustained growth.On the ESG front, Hindalco continued to advance its sustainability agenda with a strong focus on climate action, waste recycling, water conservation, and biodiversity protection”<h3> Segment-wise Performance for Q1 FY26</h3><h4>Novelis*</h4><figure class="table" style="margin-left:0;"><table><tbody><tr><td>Particulars</td><td>UOM</td><td>Q1 FY25</td><td>Q1 FY26</td></tr><tr><td>Shipments</td><td>KT</td><td>951</td><td>963</td></tr><tr><td>Revenue</td><td>$ Bn</td><td>4.2</td><td>4.7</td></tr><tr><td>Adjusted EBITDA</td><td>$ Mn</td><td>500</td><td>416</td></tr><tr><td>EBITDA/ton</td><td>$/ton</td><td>525</td><td>432</td></tr></tbody></table></figure><ul><li>Shipments at 963 KT, up 1%</li><li>Revenue at $4.72 billion, up 13%, driven by higher average aluminium prices</li><li>Adjusted EBITDA at $416 million, down 17% due to the impact of higher scrap prices and tariffs</li><li>Novelis’ cost reduction measures targeting run-rate savings of over $75 million in FY26 are now expected to result in a higher FY26 run-rate savings of over $100 million, while maintaining the $300 million target for FY28.</li><li>Bay Minette and other strategic investments projects are advancing well</li></ul>*As per US GAAP<h4> Aluminium (India)</h4><figure class="table" style="margin-left:0;"><table><tbody><tr><td>Particulars (Aluminium Upstream)</td><td>UOM</td><td>Q1 FY25</td><td>Q1 FY26</td></tr><tr><td>Shipments</td><td>KT</td><td>329</td><td>325</td></tr><tr><td>Revenue</td><td>₹ Cr</td><td>8,839</td><td>9,331</td></tr><tr><td>Segment EBITDA</td><td>₹ Cr</td><td>3,493</td><td>4,080</td></tr><tr><td>EBITDA/tonne</td><td>$/ton</td><td>1,273</td><td>1,467</td></tr></tbody></table></figure>Aluminium Upstream:<ul><li>Quarterly Upstream revenue at ₹9,331 crore, up 6%</li><li>Aluminium Upstream EBITDA at ₹4,080 crore, up 17%, driven by lower input costs&nbsp;</li><li>Aluminium Upstream EBITDA per tonne at $1,467, up 15%, with industry-best margins of 44% &nbsp;</li></ul>Aluminium Downstream:<ul><li>Sales of Aluminium Downstream at 101 KT, up 6%&nbsp;</li><li>Downstream revenue at ₹3,353 crore, up 17%</li><li>Record Aluminium Downstream EBITDA at ₹229 crore, up 108% due to higher value addition from products like battery enclosures, high end extrusions from Silvassa and premiumisation of flat rolled products</li><li>Downstream EBITDA per tonne at $264, up 92%</li></ul><h4> Copper (India)</h4><figure class="table" style="margin-left:0;"><table><tbody><tr><td>Particulars</td><td>UOM</td><td>Q1 FY25</td><td>Q1 FY26</td></tr><tr><td>Metal Sales^</td><td>KT</td><td>119</td><td>124</td></tr><tr><td>^Of which CCR Sales</td><td>KT</td><td>100</td><td>104</td></tr><tr><td>Revenue</td><td>₹ Cr</td><td>13,292</td><td>14,886</td></tr><tr><td>Segment EBITDA</td><td>₹ Cr</td><td>805</td><td>673</td></tr></tbody></table></figure><ul><li>Copper metal sales at 124 KT, up 4%</li><li>Copper Continuous Cast Rod (CCR) sales at 104 KT, up 4%&nbsp;</li><li>Revenue at ₹ 14,886 crore, up 12%&nbsp;</li><li>Maintained a healthy EBITDA of ₹673 crore; sharply declining TC/RCs offset with higher realisation from Sulphuric acid</li><li>Copper Tubes project progresses to commissioning phase</li><li>Construction of copper recycling project progressing on schedule&nbsp;</li></ul>

Hindalco Financial Results Q1 FY26: Sustained growth momentum drives strong Q1 performance

<ul><li>Revenue: Consolidated revenue for the quarter stood at ₹40,118 Cr., up 16% YoY.</li><li>Cellulosic Staple Fibre: Revenue grew by 7% YoY, domestic volumes higher by 2% YoY.</li><li>Chemicals: EBITDA up by 36% YoY led by improved performance in Caustic soda and Chlorine derivatives.</li><li>Cement: Consolidated volume grew by 9.7% YoY (including India Cements)</li><li>Birla Opus: Double digit QoQ decorative paints revenue growth.</li><li>Birla Pivot: Consistent QoQ growth in revenue with new customer additions and healthy repeat orders.</li><li>Financial Services: Total Lending portfolio (NBFC + HFC) grew 30% YoY to ₹1,65,832 Cr.</li></ul>&nbsp;<figure class="table" style="margin-left:0;width:50%;"><table><tbody><tr><td>&nbsp;</td><td>Q1FY26</td><td>Q1FY25*</td><td>YoY</td></tr><tr><td>Revenue</td><td>40,118</td><td>34,610</td><td>16%</td></tr><tr><td>EBITDA</td><td>6,430</td><td>4,740</td><td>36%</td></tr><tr><td>PAT^&nbsp;</td><td>1,419</td><td>1,075</td><td>32%</td></tr></tbody></table><figcaption>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; CONSOLIDATED FINANCIAL RESULTS(₹ Cr.)</figcaption></figure>^owner’s share of PAT; *Restated due to Kesoram acquisition by UltraTech Cement&nbsp;&nbsp; &nbsp;Grasim Industries Limited today announced its Financial Results for the quarter ended 30th June 2025. The Trailing Twelve Month (TTM) consolidated revenues has crossed milestone of ₹1,50,000 Cr., marking a twofold increase since FY 2020-21. Consolidated revenue for Q1FY26 stood at ₹40,118 Cr., up by 16% YoY, driven by all-round growth across key businesses. Standalone revenue for Q1FY26 stood highest-ever at ₹9,223 Cr., up 34% YoY, led by high growth from new businesses: Paints and B2B E-commerce coupled with stable core businesses: Cellulosic Fibres and Chemicals.Consolidated EBITDA at ₹6,430 Cr., was up by 36% YoY mainly led by higher profitability in Cement and Chemicals businesses partially offset by initial investments for building a strong consumer-facing Paints business: Birla Opus, in line with our expectations. Consolidated PAT grew by 32% YoY at ₹1,419 Cr. &nbsp;<h3>Cellulosic Fibres (Cellulosic Staple Fibre: CSF and Cellulosic Fashion Yarn: CFY)&nbsp;</h3>China operating rates stood flat YoY at 82% in Q1FY26, though were lower compared to 87% in Q4FY25 due to seasonality and subdued demand conditions. Average inventory holding increased to 2-Yr high levels of 20 days compared to an average of 11 days in FY25. This has led to correction in CSF prices at average of $1.52/kg in Q1FY26, down 7% YoY.&nbsp;Our domestic CSF sales volumes grew by 2% YoY though overall CSF sales volume de-grew by 1% YoY at 209 KT due to lower exports. CFY business recorded volume growth of 6% YoY, however realisations remained under pressure due to low priced imports from China. Cellulosic Fibres segment revenue was up 7% YoY at ₹4,043 Cr. Higher key input prices, which were passed on partially, has led to reduction in EBITDA by 20% YoY to ₹322 Cr. &nbsp;<h3>Chemicals (Chlor-Alkali, Chlorine Derivatives and Specialty Chemicals)</h3>Caustic soda sales volume grew by 8% YoY. Caustic Soda international average spot prices (CFR-SEA) for Q1FY26 stood flattish YoY at $468/ton. Our ECU realisations were up 10% YoY to ₹35,911/ton, though flattish QoQ. Continued negative Chlorine realisations on account of oversupply impacted ECU realisations. Utilisation rates are steadily ramping up from new plant in Specialty Chemicals. However, lower realisation due to low priced imports coupled with higher input costs impacted profitability in Specialty Chemicals.&nbsp;&nbsp;&nbsp; The overall Chemicals business revenue was up by 16% YoY at ₹2,391 Cr. EBITDA increased by 36% YoY at ₹422 Cr. driven by higher volume and improved realisation in Caustic Soda and better profitability of Chlorine Derivatives.&nbsp;&nbsp; &nbsp;<h3>Building Materials (Cement, Paints and B2B E-commerce)</h3>The building materials segment reported revenue growth of 22% YoY to ₹23,733 Cr. led by growth across Cement, Paints and B2B E-commerce businesses. EBITDA grew by 48% YoY to ₹4,291 Cr. led by higher profitability in Cement business (UltraTech) partially offset by initial expenses for building a consumer facing brand ‘Birla Opus’ in the decorative paints business.Cement business, UltraTech is continuing to expand capacities with total Capacity (India + Overseas) reaching 192.3 MTPA. Consolidated sales volumes of the Cement business were up by 9.7% YoY to 36.83 MT and ready-mix concrete sales volumes grew by 20% YoY to 3.9 Mn m3. UltraTech Building Solutions (UBS) outlets increased to 4,802, contributing 21% of total domestic grey cement sales volume. Operating EBITDA/Mt grew by 37% YoY at ₹1,248 compared to ₹911 in Q1FY25. Green Power Mix for the grey cement business stood at 39.5% compared to 27.9% in Q1FY25 with a target to reach 85% by FY30.Decorative Paints business, Birla Opus, reported double digit revenue growth on a QoQ basis. As per internal estimates, Organised Decorative Paints industry has grown by over 5% YoY (however excluding Birla Opus revenue the industry has slightly de-grown). Birla Opus is India’s #3 Decorative Paints Brand, as per these internal estimates. The trial production of Water Based Paints &amp; Emulsions commenced at the sixth Birla Opus plant in Kharagpur and commercial launch is on track by end of Q2FY26. Post this, the Company capacity of the organised paints industry would reach to ~24% with an installed capacity of 1,332 MLPA. The Paint distribution network has now expanded to over 8,000 towns. The business has introduced new product packaging and expanded its portfolio to 179 products with 1,460+ SKUs across entire six decorative paints product categories. The business is expanding scope of branded painting services “PaintCraft” through dealer operated franchisees across 100+ towns in Q2FY26. Based on the excellent feedback received for the animation ‘Opus Boy’ campaign, Birla Opus has launched a new commercial campaign of ‘Duniya Ko Rang Do’. The brand is consistently the 2nd most visible paints brand (as per Q1FY26 media spends). Total cumulative capital expenditure for the business stood at ₹9,555 Cr. till Jun-25.B2B E-Commerce business, Birla Pivot, growth momentum continues, driven by a robust addition of new customers coupled with healthy repeat orders. With a presence across 35 diverse product categories and an expansive portfolio of over 40,000 SKUs sourced from 300+ leading Indian and international brands, the platform offers unparalleled breadth and choice. The revenue mix is steadily strengthening, led by the addition of high-potential categories such as Non-Ferrous, Bitumen, Chemicals, and Tiles &amp; Plywood, further reinforcing Birla Pivot’s position as a one-stop destination for all construction material needs. The revenue grew by high-single digit on QoQ basis, despite monsoon-led slowdown affecting the demand in the sector. The business remains on track to achieve revenue of ₹8,500 Cr. ($1 billion) by FY27. The business has revamped its website enabling frictionless, scalable experience with new features and improved user experience.&nbsp;&nbsp; &nbsp;<h3>Financial Services</h3>Revenue of the financial Services business (Aditya Birla Capital), as consolidated in accordance with Ind AS, grew by 8% YoY to ₹9,488 Cr. The overall lending portfolio (NBFC and HFC) increased by 30% YoY to ₹1,65,832 Cr. The total AUM (AMC, life insurance and health insurance) grew by 20% YoY to ₹5,53,504 Cr. The business continues to focus on leveraging technology to provide customers an omni-channel experience. The D2C platform, ABCD (Aditya Birla Capital Digital) has received ‘Best Mobile App Award – India’ at the Asian Banking and Finance Fintech Awards. During the quarter the application introduced new products such as Forex and SimplInvest. ABCD application manages +6.4 mn customers as of Jul-25. Udyog Plus, the channel addressing MSMEs needs, continues to scale up well with 2.4 mn+ registrations and a total AUM of ~₹3,658 Cr.&nbsp;&nbsp; &nbsp;<h3>Other Businesses (Textiles, Renewables, and Insulators)</h3>Revenue from other businesses stood at ₹865 Cr. and EBITDA stood at ₹154 Cr. In the Renewable business, cumulative installed capacity increased to 1.9 GWp, up two-fold from 946 MW in Jun’24. The capacity share for Group companies is 43%. Textiles business revenue de-grew by 3% YoY at ₹547 Cr. due to subdued demand scenario. EBITDA improved significantly QoQ, though remains impacted YoY due to high input prices in the linen segment.&nbsp;&nbsp; &nbsp;<h3>Capital Expenditure</h3>Capital expenditure for Q1FY26 stood at ₹480 Cr. The board has approved capital expenditure of ₹2,263 Cr. for FY26. The Phase-1 of the Cellulosic Fibres business, Lyocell project of 55K TPA (total capacity 110K TPA) is progressing as per plan with commissioning targeted by mid-2027.&nbsp;&nbsp; &nbsp;<h3>Sustainability</h3>Grasim Industries has been recognised for the 4th consecutive year as a Sustainable Organization 2025 by the Global Sustainability Alliance (GSA), a The Times Group initiative. In a stride towards circularity and environmental responsibility, Reviva-M unit was inaugurated at Nagda plant in April 2025. The unit mechanically processes discarded consumer textiles into high-quality fibres. The Company remains committed to increase the adoption of renewable energy and water recycling across manufacturing units. On a standalone basis (including Paints business), the proportion of recycled water consumption to freshwater consumption stood at 48%. The share of renewable power capacity to total capacity stood at 23%.&nbsp;&nbsp; &nbsp;<h3>Outlook</h3>Grasim Industries stands to gain considerably from India’s broad-based economic momentum. Its diversified portfolio, underpinned by strategic capital deployment and scale-building across core sectors, places it in a unique position as the country advances through its next phase of development. The Government’s ambitious agenda for a Viksit Bharat, rooted in infrastructure expansion, a resurgence in domestic manufacturing, formalisation of the financial system, and rising disposable incomes, creates fertile ground for sustained demand. With its strong foundations and future- focused investments, Grasim is well placed to participate in the next chapter of India’s growth.

Grasim Q1FY2026 Financial Results: Consolidated revenue up 16% YoY

<ul><li>Consolidated Revenue1: Rs. 11,333 crore (↑10% y-o-y)&nbsp;</li><li>Consolidated profit after tax1: Rs. 835 crore (↑10% y-o-y)&nbsp;</li><li>Total lending portfolio: Rs. 1,65,832 crore (↑ 30% y-o-y and 5% q-o-q)</li><li>Portfolio quality holds strong amidst uncertain environment</li><li>Mutual fund quarterly average AUM: Rs. 4,03,479 crore (↑ 14% y-o-y)</li><li>Life insurance individual first year premium: Rs. 795 crore (↑ 23% y-o-y)</li><li>Health insurance gross written premium: Rs. 1,357 crore (↑ 30% y-o-y)&nbsp;</li><li>Udyog Plus, B2B platform for MSMEs reached &nbsp;3,658 crore AUM&nbsp;</li><li>ABCD, omnichannel D2C platform with ~ 6.4 mn customer acquisitions till date</li></ul> <a href="/businesses/companies/aditya-birla-capital-limited-abcl/">Aditya Birla Capital Limited</a> (“The Company”) announced its unaudited financial results for the quarter ended June 30, 2025.The consolidated revenue1 grew by 10% year-on-year to Rs. 11,333 crore. The consolidated operating profit grew by 13% year-on-year to Rs. 1,406 crore. The consolidated profit after tax grew by 10% year-on-year to Rs. 835 crore. The overall lending portfolio (NBFC and HFC) grew by 30% year-on-year and 5% sequentially to Rs. 1,65,832 crore as on June 30, 2025. The total AUM (AMC, life insurance and health insurance) grew by 20% year-on-year to Rs. 5,53,504 crore as on June 30, 2025. The life insurance individual first year premium grew by 23% year-on-year to Rs. 795 crore and health insurance gross written premium grew by 30% year-on-year to Rs. 1,357 crore.The Company’s D2C platform, ABCD offers a comprehensive portfolio of more than 25 products and services such as payments, loans, insurance, and investments. It helps customers to fulfil their financial needs and serves as an acquisition engine for the Company. The platform has witnessed a strong response with about 6.4 million customer acquisitions till date.The comprehensive B2B platform for the MSME ecosystem, Udyog Plus, offers seamless, paperless digital journey for business loans, supply chain financing and a host of other value-added services. It has scaled up significantly with more than 2.4 million registrations and reached an AUM of Rs. 3,658 crore as of June 30, 2025.The Company also continues to expand its pan-India network with 67 new branches added taking the total branch count across all businesses to 1,690 as of June 30, 2025. The branch expansion is targeted at driving penetration into tier 3 and tier 4 towns and new customer segments. &nbsp;<h3>Highlights of NBFC business</h3><ul><li>Disbursements grew by 18% year-on-year to Rs. 15,851 crore</li><li>AUM grew by 22% year-on-year and 4% sequentially to Rs. 1,31,227 crore&nbsp;</li><li>Profit before tax grew by 11% year-on-year and 5% sequentially to Rs. 925 crore&nbsp;</li><li>Return on assets was 2.25%&nbsp;</li><li>Gross stage 2 and 3 ratio improved by 75 bps year-on-year and 8 bps sequentially to 3.70%</li></ul><h3> Highlights of Housing Finance business</h3><ul><li>Disbursements grew by 76% year-on-year to Rs. 5,404 crore&nbsp;</li><li>AUM grew by 70% year-on-year and 11% sequentially to Rs. 34,605 crore&nbsp;</li><li>Profit before tax grew by 82% year-on-year and 27% sequentially to Rs. 154 crore&nbsp;</li><li>Return on assets increased by 15 bps sequentially to 1.59%</li><li>Return on equity increased by 132 bps sequentially to 12.27%</li><li>Gross stage 2 and 3 ratio improved by 5 bps sequentially and 129 bps year-on-year to 1.34%</li></ul><h3> Highlights of Asset Management business</h3><ul><li>Mutual fund quarterly average assets under management grew by 14% year-on-year to Rs. 4,03,479 crore with equity mix at 44.7%</li><li>Equity QAAUM grew by 11% year-on-year to Rs. 1,80,184 crore&nbsp;</li><li>Individual monthly average assets under management grew by 10% year-on-year to Rs. 2,03,813 crore</li><li>Monthly systematic investment plan (SIP) flows grew by 4% year-on-year to Rs. 1,140 crore in June, 2025</li><li>Operating profit grew by 21% year-on-year to 254 crore</li></ul><h3> Highlights of Life Insurance business</h3><ul><li>Individual First Year Premium (FYP) grew by 23% year-on-year to Rs. 795 crore&nbsp;</li><li>Market share in individual FYP increased by 60 bps year-on-year to 5.1%&nbsp;</li><li>Renewal premium grew by 18% year-on-year to Rs. 1,978 crore&nbsp;</li><li>13th month persistency: continued to be top quartile in industry at 87%</li><li>Net value of new business (VNB) margin increased by 109 bps to 7.5%</li><li>Absolute net VNB grew by 27% year-on-year to Rs. 66 core</li></ul><h3> Highlights of Health Insurance business</h3><ul><li>Gross written premium (GWP) grew by 30% year-on-year to Rs. 1,357 crore</li><li>Standalone health insurer (SAHI) market share increased by 200 bps year-on-year to 14.5%&nbsp;</li><li>Combined ratio improved to 111% (Q1 FY25: 112%)</li></ul> 1. Consolidated segment revenue and profit before tax; for Ind AS statutory reporting purpose Asset management, wellness business and health insurance are not consolidated and included under equity accounting.&nbsp;

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<h3>It’s not just more cement and clinker; India’s biggest cement player is moving deeper into the construction value chain</h3>UltraTech Cement, <a href="/businesses/sectors/cement/">India’s largest cement manufacturer</a>, has been on an accelerated acquisition path in the last few years. With a domestic capacity of over 188.8 million tonnes per annum, UltraTech is a company that’s thinking big.However, the last year has been unusual. UltraTech has not just significantly augmented its manufacturing capacity, it has forayed into new businesses, and notably advanced its sustainability roadmap. The USD 8.9-billion powerhouse is expanding its footprint across the construction value chain, while taking large strides in its sustainability journey.<h3> The Entry into Wires &amp; Cables</h3><img class="image_resized image-style-align-left" style="width:35%;" src="https://www.cms.adityabirla.com/uploads/connection_of_optical_fiber_cable_5c23c02e22.webp" alt="connection-of-optical-fiber-cable.webp">In line with the Company’s strategy to strengthen its position as a comprehensive Building Solutions provider, UltraTech Cement has forayed into the wires and cables business. With a capital allocation of Rs.1,800-crore, to be deployed over the next two years, UltraTech proposes to leverage its extensive manufacturing expertise coupled with its connect with end-customers to deliver high-quality wires and cables, thereby targeting a higher share of the customers wallet. The new plant is being set up near Bharuch in Gujarat and is expected to be commissioned by December 2026.The product offering falls under UltraTech Building Solutions (UBS) vertical, which is India’s first multi-category retail chain for home builders, supporting them through every stage of construction as a one-stop-solution provider.With this entry, UltraTech aims to meet the growing demand for wires and cables across various sectors, including residential, commercial, infrastructure and industrial applications. The wires and cables industry has witnessed revenue CAGR of around ~13% between FY19 to FY24. With demand migration from the unorganised to the organised market, the outlook continues to remain robust, providing an attractive opportunity for a trusted brand.<h3> Ramping up Putty Production</h3>In a strategic decision to fast-track expansion in the white cement-based putty and value added products segment, UltraTech acquired Wonder WallCare in April 2025, which gives the Company access to a new state-of-the-art 600,000 metric tonnes per annum manufacturing plant at Rajsamand, Rajasthan. The venture will add to the Company’s existing offerings under the Birla White brand umbrella.The Wonder WallCare plant is situated at the pithead of large high quality raw material reserves, and in close proximity to the Company’s existing putty manufacturing facilities in Rajasthan. Constructed in 2022-23, this plant is one of the largest single-location putty manufacturing sites in India, with a capability to ramp up its capacities in future. This acquisition will help UltraTech to expand its putty and value-added products’ production capacity, in the highly competitive and fragmented putty manufacturing market in India.<h3> All Set for 200 Million Tonnes Target</h3>UltraTech’s organic and inorganic expansions have led to it almost doubling capacity since it crossed 100 MTPA in 2018. With the latest successful acquisition of the cement business of Kesoram Industries Limited in February 2025, UltraTech Cement’s total capacity in India has reached ∼188.8 MTPA, and the Company’s consolidated capacity is now ∼192 MTPA. The cement major, with 34 integrated manufacturing units, 34 grinding units, one clinkerisation unit, nine bulk packaging terminals and a network of over 1.4 lakh channel partners across the country, is firmly on course to achieve its target of 200 MTPA by 2027.The Kesoram acquisition follows the December 2024 acquisition of India Cements, which brought in 14.5 MTPA capacity across plants in Tamil Nadu, Telangana, Andhra Pradesh and Rajasthan. The acquisition enabled UltraTech to enhance its geographic reach in the fast-growing southern markets, while unlocking synergies in manufacturing, distribution and logistics alignment.<h3> USD500 million in Green Financing</h3><img class="image_resized image-style-align-right" style="width:35%;" src="https://www.cms.adityabirla.com/uploads/wind_power_generation_on_forest_mountain_top_1861b325cb.webp" alt="wind-power-generation-on-forest-mountain-top.webp">UltraTech has stayed steady on its sustainability path, including initiatives for water positivity, net carbon zero and net zero diversity loss. After the success of its inaugural sustainability-linked bond issuance in 2021, the Company raised another US$500 million green loan in August 2024 from a consortium of six banks. This financing signifies UltraTech’s commitment to align its funding strategy with its sustainability and ESG goals.The Company’s Sustainability-Linked Financing Framework is aligned with the sustainability-linked bond and loan principles. Targets include reduction of scope 1 emissions by 27% by March 31, 2032, from a FY17 baseline and increasing the share of green energy from waste heat recovery system (WHRS), solar and wind power in its total energy mix to 85% by FY30 and 100% in FY50.UltraTech is well ahead on this path, <a href="/businesses/companies/ultratech-cement-limited/">leading cement companies in India</a>It is among the first industrial companies in India to have commissioned 1 GW of renewable energy capacity for captive use. Combined with its 351 MW in WHRS, UltraTech’s cumulative green energy capacity has now reached 1,372 MW, already catering to about 46% of the current power requirements.<h3> The Path of Sustainable Growth</h3>In all its recent moves, UltraTech has kept future-readiness at the heart of its strategy. The portfolio and capacity expansion are aligned with customer-centricity and scale of economy, while the Company continues to forge ahead on its initiatives for Decarbonisation, Energy Management, Renewable Energy, Circular Economy, Water Stewardship, Biodiversity and Land Use, Responsible Mining and Supply Chain Management. To sum up, UltraTech cement best quality is creating long-term and sustainable stakeholder value, while moving closer to satisfy its end customer. &nbsp;

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<img class="image_resized image-style-align-left" style="width:35%;" src="https://www.cms.adityabirla.com/uploads/renewable_energy_concept_double_exposure_of_wind_mill_and_substation_3bd5b524ca.webp" alt="renewable-energy-concept-double-exposure-of-wind-mill-and-substation.webp">On World Nature Conservation Day, we are reminded that our natural world—its minerals, forests, wetlands, oceans, and biodiversity—is under immense stress. The facts are sobering:<ul><li>Nearly 75% of land and 66% of marine ecosystems have been significantly altered by human activity.</li><li>The world has lost over 70% of global wildlife populations since 1970.</li><li>Up to 1 million species face extinction within decades.</li><li>Wetland degradation alone could cost the global economy $39 trillion by 2050.&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</li></ul>Behind these numbers is a clear message: Humanity is using the Earth’s resources faster than they can regenerate. In the face of mounting energy crises and climate instability, conserving nature is no longer just about protection—it’s about survival.At Aditya Birla Group, we view nature conservation as core to our climate commitment. We have set an ambitious goal: Net Zero carbon emissions by 2050. This goes hand in hand with conserving energy, reducing waste, and embracing circular economy practices.&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h3>Transition to renewables</h3>Across our businesses, we are taking decisive steps to shift to clean energy:<ul><li>Aditya Birla Fashion and Retail: 26% of energy from renewable energy sources&nbsp;</li><li>UltraTech Cement: On track for 85% green energy by 2030</li><li>Hindalco: On track to reach 26% of energy from renewable energy sources by 2026</li><li>Aditya Birla Chemicals: Emissions will be cut by 30% before 2030&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</li></ul><h3>Eliminating waste</h3>Waste can have value and this is what Group businesses are demonstrating every day.<ul><li>Novelis: A world leader in recycling over 84 billion beverage cans every year, reducing landfill and conserving natural resources</li><li>Hindalco: 3 out of 4 refineries convert 100% bauxite residue into a resource for the cement sector</li><li>Birla Copper: Tackling e-waste by setting up India's first-of-its-kind copper scrap and e-waste recycling facility</li><li>Grasim: In FY 2024-25, we collected 12,289 MT of plastic packaging waste, achieving 100% recovery of the plastic packaging we introduced into the Indian market in FY 2023-24. Of this, 4,635 MT was recycled, while 7,654 MT was sent for end-of-life disposal in cement plants.&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</li></ul><h3>Conserving fresh water<img class="image_resized image image-style-side" style="width:35%;" src="https://www.cms.adityabirla.com/uploads/earth_or_world_needs_water_campaign_c629ba6000.webp" alt="earth-or-world-needs-water-campaign.webp"></h3>Water is a precious resource and our businesses have gone to great lengths to achieve a significant reduction in water conservation.<ul><li>UltraTech: Successfully achieved 5.3 times water positivity by FY25</li><li>Birla Cellulose: Rainwater harvesting for 53% of water requirements, reusing 68% of treated wastewater&nbsp;</li><li>Grasim: Recycled water is 45% -- over 27 million litres of water recycled&nbsp;</li><li>Hindalco: Achieved ZLD status at 15 out of 19 sites, on track to achieve ZLD across all sites by FY2030&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</li></ul>Our journey doesn’t end here. Conservation is not a one-time action—it’s a mindset. A shift in how we operate, consume, and co-exist with nature.As we mark this day, let us renew our collective commitment to preserve, protect, and restore. Because protecting nature is not just about saving species or landscapes—it’s about securing a liveable planet for us all.

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