Gravita India has reported results for third quarter ended December 31, 2018.
The company has reported a net loss of Rs 0.17 crore for the quarter against net profit of Rs 6.48 crore for the same quarter in the previous year. However, total income of the company increased by 38.60% at Rs 273.50 crore for Q3FY19 as compared Rs 197.33 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 96.47% in its net profit at Rs 0.36 crore for the quarter under review as compared to Rs 10.20 crore for the same quarter in the previous year. However, total income of the company increased by 26.45% at Rs 304.77 crore for Q3FY19 as compared Rs 241.02 crore for the corresponding quarter previous year.
