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Gravita India - Quaterly Results

23 Jan 2024 Evaluate
The sales slipped to Rs. 5990.30 millions for the December 2023 quarter as against Rs. 7067.60 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 191.34% to Rs. 504.60  millions  from Rs. 173.20 millions in previous same quarter.Operating Profit saw a handsome growth to 710.20 millions from 328.50 millions in the quarter ended December 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 5990.30 7067.60 -15.24 19582.10 18280.30 7.12 25243.90 18941.80 33.27
Other Income 225.60 -86.30 -361.41 376.90 373.20 0.99 597.20 72.90 719.20
PBIDT 710.20 328.50 116.19 1927.80 948.70 103.20 1591.50 855.50 86.03
Interest 78.00 76.30 2.23 244.40 236.60 3.30 322.10 278.70 15.57
PBDT 632.20 252.20 150.67 1683.40 712.10 136.40 1269.40 576.80 120.08
Depreciation 34.00 28.10 21.00 99.50 78.00 27.56 106.90 89.30 19.71
PBT 598.20 224.10 166.93 1583.90 634.10 149.79 1162.50 487.50 138.46
TAX 93.60 50.90 83.89 257.00 133.30 92.80 151.00 90.00 67.78
Deferred Tax -9.90 -7.90 25.32 4.60 -3.00 -253.33 -87.00 -6.80 1179.41
PAT 504.60 173.20 191.34 1326.90 500.80 164.96 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(%) 11.86 4.65 155.07 9.84 5.19 89.70 6.30 4.52 39.59
Peers
Company Name CMP
Hindalco Industries 969.45
Vedanta 262.20
Hindustan Zinc 592.30
Jain Resource Recycl 285.20
CMR Green Tech 228.95
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