Gravita India has reported results for third quarter ended December 31, 2021.
The company has reported a fall of 23.22% in its net profit at Rs 7.67 crore for the quarter under review as compared to Rs 9.99 crore for the same quarter in the previous year. However, total income of the company increased by 44% at Rs 470.31 crore for Q3FY22 as compared Rs 326.61 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 2-fold jump in its net profit at Rs 41.29 crore for the quarter under review as compared to Rs 16.73 crore for the same quarter in the previous year. Total income of the company increased by 50.56% at Rs 560.47 crore for Q3FY22 as compared Rs 372.25 crore for the corresponding quarter previous year.
