Gravita India has reported results for first quarter ended June 30, 2022.
The company has reported rise of 95.57% in its net profit at Rs 16.33 crore for the quarter under review as compared to Rs 8.35 crore for the same quarter in the previous year. Total income of the company increased by 37.06% at Rs 543.90 crore for Q1FY23 as compared Rs 396.83 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 97.83% in its net profit at Rs 44.65 crore for the quarter under review as compared to Rs 22.57 crore for the same quarter in the previous year. Total income of the company increased by 40.81% at Rs 630.01 crore for Q1FY23 as compared Rs 447.43 crore for the corresponding quarter previous year.
