Gravita India has reported results for fourth quarter and year ended March 31, 2021.
The company has reported 2- fold jump in its net profit at Rs 1229.89 crore for the quarter under review as compared to Rs 505.99 crore for the same quarter in the previous year. Total income of the company increased by 16.61% at Rs 38838.42 crore for Q4FY21 as compared Rs 33306.23 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 69.31% rise in its net profit attributed to the owners at Rs 21.35 crore for the quarter under review as compared to Rs 12.61 crore for the same quarter in the previous year. Total income of the company increased by 14.22% at Rs 433.02 crore for Q4FY21 as compared Rs 379.12 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported 43.35% rise in its net profit at Rs 3215.59 crore as compared to Rs 2243.14 crore for the previous year. Total income of the company increased by 5.41% at Rs 123867.63 crore for year under review as compared to Rs 117515.03 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported 58.17% rise in its net profit attributed to the owners at Rs 52.48 crore as compared to Rs 33.18 crore for the previous year. Total income of the company increased by 5.05% at Rs 1416.92 crore for year under review as compared to Rs 1348.79 crore for year ended March 31, 2020.
