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Gravita India - Quaterly Results

01 May 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 6963.60 millions, about 24.14% up against Rs. 5609.50 millions recorded during the year-ago period.The Net Profit of the company vaulted to 314.87% to Rs. 510.70  millions from Rs. 123.10 millions in the previous quarter.Operating profit surged to 642.80 millions from the corresponding previous quarter of 306.20 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 6963.60 5609.50 24.14 25243.90 18941.80 33.27 25243.90 18941.80 33.27
Other Income 224.00 18.80 1091.49 597.20 72.90 719.20 597.20 72.90 719.20
PBIDT 642.80 306.20 109.93 1591.50 855.50 86.03 1591.50 855.50 86.03
Interest 85.50 125.40 -31.82 322.10 278.70 15.57 322.10 278.70 15.57
PBDT 557.30 180.80 208.24 1269.40 576.80 120.08 1269.40 576.80 120.08
Depreciation 28.90 24.80 16.53 106.90 89.30 19.71 106.90 89.30 19.71
PBT 528.40 156.00 238.72 1162.50 487.50 138.46 1162.50 487.50 138.46
TAX 17.70 32.90 -46.20 151.00 90.00 67.78 151.00 90.00 67.78
Deferred Tax -84.00 2.50 -3460.00 -87.00 -6.80 1179.41 -87.00 -6.80 1179.41
PAT 510.70 123.10 314.87 1011.50 397.50 154.47 1011.50 397.50 154.47
Equity 138.10 138.10 0.00 138.10 138.10 0.00 138.10 138.10 0.00
PBIDTM(%) 9.23 5.46 69.11 6.30 4.52 39.59 6.30 4.52 39.59
Peers
Company Name CMP
Hindalco Industries 969.55
Vedanta 261.60
Hindustan Zinc 590.75
Jain Resource Recycl 283.40
CMR Green Tech 228.55
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