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VSF BUSINESS
NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearingThe appellate tribunal NCLAT has overturned a Rs 301.6-crore penalty against Grasim Industries. The fair trade regulator CCI must now hear ...- Grasim Industries' VSF business switch focus to exports markets in June quarter“VSF business switched focus to the export market and dedicated few production lines to cater to the export demand of specialty products. T...
- Grasim posts 28% rise in profit on the back of healthy performance by UltraTechConsolidated net profit grew by 28% at Rs 1,786 crore.
- Grasim Industries gains 15% in past three months; closes at eight-year highAfter trading in a range over the past three years, the Grasim Industries stock has gained 15% in the past three months. It closed at an ei...
- Grasim Industries reports a 17% increase in consolidated net profit to Rs 489 croreAditya Birla Group firm Grasim Industries reported a 17% increase in consolidated net profit to Rs 489 crore for the September end quarter.
- Aditya Birla Chemicals merger with Grasim Industries to be margin accretiveOne of the advantages of the merger is that the caustic soda business is relatively stable than the VSF business, where Grasim also operate...
- VSF halved Grasim's fortunes compared to UltratechGrasim’s earnings before interest and tax, or EBIT, from its VSF division have fallen to Rs481 crore in FY14 crore from Rs1,492 crore in FY...
- Grasim's valuation gap with UltraTech gives it room for appreciationWhile UltraTech is valued at $195 per tonne, the implied valuation of Grasim stands at $110, a discount of about 43% for value it has deriv...
- Grasim Industries Q2 profit falls 27%Grasim said it while VSF industry continues to face pricing pressure in near term, cement business should see demand growing by 5% in this ...
- Expansion, cost edge in VSF business to drive growth for Grasim IndustriesA favourable business environment for cement helped Grasim Industries deliver healthy growth in net profits in Q2.
- Grasim Industries Q1 profit dips 4.5 per cent to Rs 718 croreGrasim Industries' consolidated net profit for the quarter ended June 30 dipped 4.5 per cent to Rs 718 crore due to higher tax outgo.
- Aditya Birla Group companies, Grasim Industries and Thai Rayon Public buys canadian pulp makerAditya Birla Group cos, Grasim Industries and Thai Rayon Public have bought a troubled Terrace Bay Pulp, to fuel the expansion plans of the...
- Grasim net up 29 pc at Rs 418 crGrasim Industries today reported a 29% rise in net profit at Rs 418 cr for the Sept quarter, driven by improved performance of its cement a...
- Grasim Industries net up 29% at Rs 418 cr for Sept quarterThe company feels the environment in both the businesses, VSF and cement, will continue to be challenging.
- Grasim Industries’ VSF division to be a key driver for growth in the short termGrasim Industries’ consolidated results for the March 11 quarter were broadly better than analysts’ expectations.
- Grasim: VSF improves business, but cement a dragGrasim Industries improved its performance in the March 10 quarter, thanks to a strong performance in its VSF business.
- Birla rejigs fibre, pulp businessSignalling a new thrust to its Rs 8,000 crore viscose staple fibre (VSF) and pulp business, the Aditya Birla Group has undertaken a major g...
- UltraTech may make firm move on St, post-demergerGrasim Industries appears to be well focused on re-emerging as a Viscose Staple Fibre (VSF) producer and as AV Birla's group flagship holdi...
- Grasim Q2 net up 50% on record performance by VSFAditya Birla Group’s flagship Grasim Industries on Saturday recorded a 50% surge in consolidated net profit to Rs 620 crore for the quarter...
- Grasim builds on cement, VSF, net soars to Rs 418 crDiversified company Grasim Industries on Wednesday said its fiscal second quarter net profit doubled due to improved contributions from cem...
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