Grasim Industries Q4 FY11 Results : Net profit increases 32%

by khalid on 12/05/2011 · 0 comments

Aditya Birla Group company Grasim Industries Limited has posted a net profit for the period Q4 (ending Mar 11) of the current fiscal (FY10-11). During the said quarter, net profit increases 32% to Rs 865 crores in comparison to Rs 655 crores of Q4 (ending Mar 10) of previous year (FY09-10). Grasim Industries Limited operates in various segments. The fiber and pulp business includes products such as viscose staple fiber (VSF) and rayon grade pulp. The chemicals business comprises products such as caustic soda and allied chemicals. The cement division, bundled in Samruddhi Cement Limited, includes grey and white cement. The textiles business consists of a range of textile related activities, including the production of synthetic and woolen fabrics, synthetic yarns, as well as apparel stores in India and abroad. The Company’s list of subsidiaries includes Samruddhi Cement Limited, UltraTech Ceylinco (Private) Limited, Grasim Bhiwani Textiles Limited, Harish Cement Limited, Samruddhi Swastik Trading And Investments Limited and Sun God Trading And Investments Limited, among others.

The company informed the share market (BSE/NSE) that the total income/sales rose 19% to Rs 6390 crore in Q4 (ending Mar 2011) of the current fiscal (FY10-11) when compared with the same quarter Q4 (ending Mar 2010) of previous year (FY09-10). Total income was Rs 5386 crores in last year’s quarter Q4.

Share’s Data :-
BSE Code : 500300
Mkt. Cap : Rs 22,099.70 Crores
Grasim Industries Ltd. share’s CMP is Rs 2,411.80 on 12th May 2011.

Stay tuned to BelltheBull Blog for more news on Grasim Industries Limited !

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