Indian cement, fibre and textiles maker Grasim Industries Ltd said Thursday its net profit for April-June rose 3.2 per cent from a year earlier - boosted by its viscose staple fibre business's strong performance.

Bombay-based Grasim, part of the Aditya Birla group, reported a net profit of 1.05 billion rupees, up from 1.02 billion rupees a year earlier. Net sales rose 1.64 per cent to 11.36 billion rupees from 11.17 billion rupees.

DD Rathi, Grasim's executive vice-president, said the viscose staple fibre business saw volumes jump 48 per cent from a year earlier.