Gravita India Reports Record Q3 FY24-25 Sales and Profit, Indicating Strong Growth Potential

Jan 22 2025 07:31 PM IST
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Gravita India has announced its financial results for Q3 FY24-25, achieving record net sales of Rs 996.42 crore and a Profit After Tax of Rs 77.93 crore. The Earnings per Share reached Rs 10.56, marking the highest figures in the last five quarters, indicating strong financial performance.
Gravita India, a midcap player in the non-ferrous metal industry, has reported its financial results for the third quarter of FY24-25, revealing noteworthy developments. The company announced its results on January 22, 2025, highlighting a significant achievement in net sales, which reached Rs 996.42 crore, marking the highest quarterly figure in the last five quarters. This trend suggests a robust near-term outlook for the company.

In addition to sales, Gravita India reported a record high Profit After Tax (PAT) of Rs 77.93 crore, indicating a strong trajectory in profitability. The Earnings per Share (EPS) for the quarter was Rs 10.56, also the highest in the past five quarters, showcasing the company's capability to enhance shareholder value.

Furthermore, there has been an adjustment in evaluation, with the overall score for Gravita India reflecting a positive shift in its financial health.

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