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Home World Business

Grasim Industries announces net profit at Rs 333.61 cr

byCustoms Today Report
02/02/2015
in World Business
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New Delhi: Grasim Industries announced a consolidated net profit of Rs 333.61 crore for the third quarter ended December 2014. It had posted a consolidated net profit of Rs 331.93 crore during the same period of previous financial year, Grasim Industries said in a filing to the BSE.

The Aditya Birla Group firm reported consolidated net sales of Rs 7,888.53 crore in October-December period as against Rs 7,063.43 crore during the same quarter of last financial year. The consolidated revenue from its Viscose Staple Fibre (VSF) and Wood Pulp segment was Rs 1,607.26 crore during the quarter under review as against Rs 1,613.45 crore in the same period of last fiscal.

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“Figures for the quarter and nine months ended December 2014 are strictly not comparable with previous periods” due to merger of Gujarat cement units of Jaypee Cement with UltraTech Cement, a subsidiary of the company, Grasim Industries said. Revenue from chemicals division was Rs 441.63 crore this quarter as against Rs 259.73 crore in same period last fiscal.

 

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