Grasim Industries reported a consolidated net loss of Rs 234 crore for Q2 FY27. This comes against a net profit of Rs 594 crore in Q2 FY26. During the quarter, the company recorded exceptional charges of Rs 767 crore for impairment and temporarily suspended operations of its joint venture, AVNB, in Canada, which dragged its bottom line into the red. On a consolidated basis, the company’s revenue from operations expanded 26% year-on-year to Rs 50,105 crore compared to Rs 39,899 crore in the year-ago period. The momentum for topline was driven by volume growth, favourable product mix and stable domestic realisation, despite geopolitical issues and higher input & logistics costs, the company said in its exchange filing.