Home / Knowledge / News / Textiles / Net profit rises 34.42% in 9 months at Grasim
Net profit rises 34.42% in 9 months at Grasim
Feb '16
Grasim Industries, an India based textile manufacturer and a flagship company of Aditya Birla Group, reported a surge of 34.42 per cent in its net profit in the first three quarters of fiscal 2015-16, ending on December 31, to Rs 1,663.06 crore as compared to Rs 1,237.12 crore in the corresponding period of fiscal 2014-15, according to a press statement released by the company.

Total net income from operations in the first nine months of this fiscal was reported to be Rs 26,635.62 crore as compared to Rs 24,021.02 crore in the corresponding period last fiscal, reflecting a rise of 10.88 per cent.

Total expenses for this period were reported to be Rs 23,327.20 crore as compared to Rs 21,570.55 crore last fiscal, reflecting a rise of 8.14 per cent.

Segment-wise, the viscose staple fibre and wood pulp division at Grasim reported a total net income of Rs 5,505.68 crore in this period as compared to Rs 4,877.56 crore, reflecting a rise of 12.87 per cent.

Caustic soda and other allied chemicals division reported a rise of 94.86 per cent in its net income during this period to Rs 2,479.94 crore as compared to Rs 1,272.65 crore in the prior year. (MCJ)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search