While cement 
is the mainstay, Grasim has a presence in other businesses as well. Having started as a textile manufacturer way back in 1948, Grasim’s other businesses encompass chemicals, cement, textiles, Viscose Staple Fibre (VSF) and sponge iron, and holds prominent position in the aforementioned businesses. The consolidated revenues for the quarter ending June 2006 saw a jump of 29% and stood at Rs.31.96 billion. Net profit increased by 47% from Rs.2.96 billion to Rs.4.35 billion. The focus on its cement business is clearly understandable if you see sector-wise revenue break up. Cement contributed 72% to the revenues and 80% to PBIDT of Grasim for the quarter.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
is the mainstay, Grasim has a presence in other businesses as well. Having started as a textile manufacturer way back in 1948, Grasim’s other businesses encompass chemicals, cement, textiles, Viscose Staple Fibre (VSF) and sponge iron, and holds prominent position in the aforementioned businesses. The consolidated revenues for the quarter ending June 2006 saw a jump of 29% and stood at Rs.31.96 billion. Net profit increased by 47% from Rs.2.96 billion to Rs.4.35 billion. The focus on its cement business is clearly understandable if you see sector-wise revenue break up. Cement contributed 72% to the revenues and 80% to PBIDT of Grasim for the quarter.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
