For the three month period ended June 30, 2018, Grasim’s net sales were Rs 17,089.65 crores as compared to Rs 11,222.17 crores during the three month period ended June 30, 2017. Net profit was Rs 1,399.51 crores, as against Rs 1,248.10 crores for the three month period ended June 30, 2017.

Grasim, a part of Aditya Birla, is the world’s fourth largest pulp producer. It is one of India’s largest viscose staple fiber producers and is expanding capacity by 2.4 times. Grasim has ensured control over 80 per cent of the costs through backward integration, giving it an important competitive advantage over nonintegrated players. Its manufacturing input of caustic soda, power and steam and carbon disulfide is fully captive and the company has control over 60 per cent of the pulp requirements.

After the successful introduction of its fabric brand Liva in 2015 in the Indian market, Grasim is planning to take the brand abroad. Indonesia will be next stop, followed by Turkey.