Grasim Industries Ltd. has announced Viscose Staple Fibre (VSF) expansion at Vilayat (Gujarat) and caustic soda expansion at Rehla (Jharkhand).  The company has successfully commissioned a new line of 300 Ton Per Day (TPD) capacity of VSF and has commenced the commercial production from 1st November 2021. With this the total VSF capacity of the company has increased from 591,000 to 700,500 TPA. The company has also successfully commissioned the first phase of expansion project of caustic soda at Rehla, Jharkhand in October, 21 with a capacity of 170 TPD caustic soda lye. With this the total caustic soda capacity of the company has increased from 1,147 to 1,209 Kilo Ton Per Annum (KTPA). Grasim Industries also successfully commissioned chloromethane (CMS) project at Vilayat Unit, Gujarat on 4th November 2021, having capacity of 150 TPD / 50,000 Ton Per Annum (TPA). This will result into an additional annualised revenue of ~Rs. 400 crore. Grasim is a leading global player in VSF an...

Grasim’s Consolidated PAT (Profit After Tax) for Q4 FY21 stood at Rs. 3,726 crore and jumped 133% vis-a-vis corresponding quarter last year. Consolidated revenue for the fourth quarter was up 26% YoY at Rs. 24,399 crore and EBITDA for Q4 FY21 surged 62% YoY to Rs. 5,142 crore.  Consolidated revenue, EBITDA and PBT for FY21 stood at Rs. 76,398 crore, Rs. 15,766 crore and Rs. 10,113 crore. Standalone revenue, EBITDA and PBT for FY21 stood at Rs. 12,386 crore, Rs. 2,078 crore and Rs. 1,014 crore respectively.  The global textile fibre demand witnessed a sharp recovery in H2 FY21 led by a spurt in the consumer demand and restocking of the pipeline. The growing consumer preference for comfortable, casual and value for money clothing has spurred demand for cellulosic fibre and VSF has been a key beneficiary of this shift.  The buoyancy in the domestic demand was reflected in 9% YoY growth in the domestic sales. VAP portfolio reported 17% YoY growth during Q4 FY21. The s...