The revenue of Grasim Industries Ltd. (part of Aditya Birla Group) from the viscose-pulp, viscose staple fibre (VSF) and filament yarn segment jumped by 55.48 per cent to Rs. 3,335.44 crore in Q3/FY2021-22 as against Rs. 2,145.14 crore a year ago.
The company has said that the strong operational performance of VSF has been induced by strong demand for textile products in India during Q3FY22, despite the curbs imposed by various State Governments.
The domestic textile value chain has been operating close to its peak capacity, which is led by the demand uptick.
The VSF sales volume for Q3FY22 was further boosted by the commissioning of brownfield (existing) expansion (300 Tonnes Per Day) at Vilayat.
The growth in the global demand for textile products in the US and Europe also led to a positive demand environment for VSF.
In a regulatory filing, Grasim Industries reported overall 23.10 per cent jump in its consolidated net profit to Rs. 2,655.45 crore for the third quarter ended on 31 December 2021.
The company had posted a net profit of Rs. 2,157.12 crore during the October-December quarter of the previous financial year.
Bharat Tex Special Report 2026 
