Categories AlphaGraphs, Earnings

Gravita India Ltd Q1 FY24; 18% rise in Profits

Established in 1992, Gravita India Ltd is one of the largest lead producer in India. The company’s business is organized across four specialized verticals: Lead Recycling (flagship), Aluminum recycling, Plastic recycling and Turnkey projects. The company also has expertise in the recycling of used batteries, cable scrap/other Lead scrap, Aluminum scrap, Plastic scrap, etc.

Financial Results:

  • Gravita India Ltd reported Revenues for Q1FY23 of ₹703.00 Crores up from ₹580.00 Crore year on year, a rise of 21.21%.
  • Total Expenses for Q1FY23 of ₹666.00 Crores up from ₹580.00 Crores year on year, a rise of 14.83%.
  • Consolidated Net Profit of ₹53.00 Crores up 17.78% from ₹45.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹7.54, up 22.40% from ₹6.16 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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