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Gravita India - Quaterly Results

31 Oct 2023 Evaluate
A fair growth of 14.10% in the revenue at Rs. 7053.10 millions was reported in the September 2023 quarter as compared to Rs. 6181.70 millions during year-ago period.Net Profit witnessed a 164.82% growth almost the double from Rs. 164.30 millions to Rs. 435.10  millions  of same quarter last year.OP of the company witnessed a marginal growth to 607.60 millions from 308.20 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 7053.10 6181.70 14.10 13591.80 11212.70 21.22 25243.90 18941.80 33.27
Other Income -14.30 51.50 -127.77 151.30 459.50 -67.07 597.20 72.90 719.20
PBIDT 607.60 308.20 97.14 1217.60 620.20 96.32 1591.50 855.50 86.03
Interest 68.40 75.50 -9.40 166.40 160.30 3.81 322.10 278.70 15.57
PBDT 539.20 232.70 131.71 1051.20 459.90 128.57 1269.40 576.80 120.08
Depreciation 32.90 25.50 29.02 65.50 49.90 31.26 106.90 89.30 19.71
PBT 506.30 207.20 144.35 985.70 410.00 140.41 1162.50 487.50 138.46
TAX 71.20 42.90 65.97 163.40 82.40 98.30 151.00 90.00 67.78
Deferred Tax -13.60 2.60 -623.08 14.50 4.90 195.92 -87.00 -6.80 1179.41
PAT 435.10 164.30 164.82 822.30 327.60 151.01 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(%) 8.61 4.99 72.79 8.96 5.53 61.96 6.30 4.52 39.59
Peers
Company Name CMP
Hindalco Industries 969.50
Vedanta 262.25
Hindustan Zinc 591.85
Jain Resource Recycl 284.85
CMR Green Tech 228.95
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