Page 6 - Grasim Industries

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Grasim is witnessing a breakout from the range where it has spent the last two months

Grasim approves Rs 1,615-cr capex plans for FY21 to tackle Covid-19 crisis

In its earnings statement, the company specifies cost rationalisation, demand creation, working capital management and innovation, among others, as key focus areas

Grasim Industries Q1 net profit down 66.6% to Rs 621 cr, revenue down 32.2%

Its revenue from operations declined 32.24 per cent during the quarter under review to Rs 13,621.10 crore as against Rs 20,103.04 crore in the corresponding period of previous fiscal

Grasim Q4 consolidated PAT up 32 pc at Rs 1,506 crore

Mumbai (Maharashtra) [India], June 13 (ANI): Aditya Birla-led Grasim Industries on Saturday reported a consolidated profit after tax of Rs 1,506 crore in the fourth quarter ended March (Q4 FY20), marking a growth of 32 per cent from Rs 1,144 crore in Q4 FY19.

Grasim Industries consolidated PAT for Mar quarter up 32 pc to Rs 1,506 cr

On a standalone basis, the revenue and EBITDA for FY20 declined on account of general economic slowdown and start of the lockdown in major economies of the world

Birlas infuse Rs 1,100 cr in Essel Mining to pare debt of group firm IGH

The proceeds were used to on-lend to IGH and prune its borrowings by 40% by March 2020

Hit by Covid-19 lockdown, Grasim puts capital expenditure for FY21 on hold

Top company executives said the firm had earlier planned to invest about Rs 3,880 crore in the present financial year.

Grasim Q3 net profit down 9.4% to Rs 1,039.91 cr over drop in VSF prices

The company had posted a net profit of Rs 1,147.80 crore during the October-December quarter of the previous fiscal, Grasim Industries said in a regulatory filing

Grasim Industries Q2 net jumps to Rs 1,473 cr on good show by subsidiaries

Grasim Industries had reported a net loss of Rs 1,319.79 crore in the September quarter a year ago

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Grasim Industries plans to invest additional Rs 6,400 crore to add capacity

The additional capacity will be commissioned at Vilayat plant in Gujarat in two years

I-T dept slaps Rs 5,872-crore tax demand notice on Grasim Industries

Grasim said the order was not tenable in law and the company was taking necessary action against the order

Aditya Birla Group's Grasim Industries to buy Soktas India for Rs 165 crore

Currently, SIPL is a wholly-owned subsidiary of SOKTAS Tekstil Sanayi ve Ticaret A.S, world producer and marketer of fabrics, with its main facilities in Soke, Turkey

Grasim Industries posts Q3 net at Rs 1,144 cr, revenue rises to Rs 9,389 cr

Grasim Industries' consolidated sales volume registered an increase of 15% on YoY basis to 19.4 million tonne per annum

Grasim Industries plans to foray into menswear segment with liva fibre

Birla Cellulose has recently unveiled a new eco-friendly variant called Liva fabric i.e. Livaeco

Grasim Industries Q1 profit at Rs 13.99 bn; total income rises to Rs 170 bn

The company said its "current quarter results are not comparable with that of the corresponding quarter of the previous year"

Grasim Industries gets green nod for Rs18 bn expansion project in Gujarat

The company plans to raise the production capacity of VSF from 1,27,750 tonne per annum (TPA) to 2,33,600 TPA

Grasim: Healthy prospects of financial services, cement arms will help

Analysts expect realisations to remain largely stable, given its monopoly in the VSF segment and focus on value-added products

Grasim trades lower after spin-off from fin services

Grasim was to issue three shares for every 10 shares of Aditya Birla Nuvo held by investors