Grasim Industries targets a consolidated revenue of ₹2 lakh crore in the fiscal year 2027, nearly doubling its revenue from five years ago, Chairman Kumar Mangalam Birla said. The growth is expected to come from its diversified portfolio, which includes building materials, financial services, digital commerce, and renewable energy, according to livemint.com.
The company’s expansion strategy involves scaling up multiple growth platforms across sectors. Birla highlighted that the diversified business approach is central to achieving this ambitious revenue target. Grasim’s focus on renewable energy and digital commerce marks a strategic shift to newer sectors alongside its traditional building materials and financial services businesses, the report added.
This revenue goal underscores Grasim’s efforts to transform from a traditional industrial company into a multi-sector conglomerate. The target of ₹2 lakh crore places Grasim among India’s largest corporates by revenue. The company’s move aligns with broader industry trends where conglomerates diversify to mitigate risks and capture growth in emerging sectors such as renewables and digital services.
Grasim’s plan to nearly double its revenue by FY27 reflects its long-term growth ambitions under Chairman Kumar Mangalam Birla’s leadership. The company’s consolidated revenue was approximately half of the target five years ago, indicating a compound annual growth rate that will be closely watched by investors and market analysts.