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BOM:500300

3 stories mentioning BOM:500300Updated 20m ago

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Asia

Grasim Industries Inaugurates First Phase of CPVC Resin Plant in Gujarat

Grasim Industries (NSE:GRASIM, BOM:500300) has inaugurated the first phase of its chlorinated polyvinyl chloride (CPVC) resin manufacturing facility at Vilayat, Gujarat.The Phase 1 unit has a planned capacity of around 50,000 metric tonnes per annum, according to a stock exchange filing. The facility is part of a larger 100,000-metric-tonne CPVC resin project being developed in partnership with Lubrizol Manufacturing India.

BOM:500300NSE:GRASIM
Asia

Grasim Industries Earmarks INR31 Billion Capex for Lyocell Capacity Expansion

Grasim Industries (NSE:GRASIM, BOM:500300) has received board approval for Phase II expansion of its Lyocell capacity in Harihar, Karnataka, involving capital expenditure of 30.9 billion Indian rupees, according to a Monday filing with the Indian bourses.The expansion will be executed in two phases, adding a total capacity of 110,000 tonnes per annum (TPA) through two 55,000 TPA lines. The first phase is expected to be completed by mid-2028, followed by the second phase by mid-2030.The Phase II expansion will complement Phase I of its Lyocell plant in Harihar, which is already under construction and is expected to be commissioned by mid-2027, the filing stated.

BOM:500300NSE:GRASIM
Asia

Grasim Industries Posts Jump in Fiscal Q4 Consolidated Profit

Grasim Industries (NSE:GRASIM, BOM:500300) recorded a rise in its consolidated attributable profit to 19.6 billion Indian rupees in the fiscal fourth quarter ended March 31 from 15.0 billion rupees a year ago.Earnings per share climbed to 28.84 rupees from the year-ago figure of 22.19 rupees, according to a Wednesday filing to the Indian stock exchanges by the manufacturing conglomerate.Revenue from operations in fiscal Q4 increased to 511.0 billion rupees from 442.7 billion rupees a year earlier.The company's board recommended a dividend of 10 rupees per share for the fiscal year ended March 31.

BOM:500300NSE:GRASIM

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