Gravita India has reported results for third quarter ended December 31, 2022.
The company has reported rise of 125.81% in its net profit at Rs 17.32 crore for Q3FY23 as compared to Rs 7.67 crore for the corresponding quarter previous year. Total income of the company increased by 50.35% to Rs 707.10 crore for the quarter under review as compared to Rs 470.31 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 22.23% in its net profit at Rs 50.47 crore for Q3FY23 as compared to Rs 41.29 crore for the same quarter in the previous year. Total income of the company increased by 41.49% to Rs 793.03 crore for the quarter under review as compared to Rs 560.47 crore for the same quarter in the previous year.
