Gravita India has announced its financial results for the second quarter of FY25, showcasing a solid performance in both revenue and profitability. The company reported revenue from operations at ₹927.42 crore for Q2 FY25, marking a 10.9% year-on-year (YoY) increase from ₹836.18 crore in the corresponding quarter last year.
Key Highlights:
- Revenue from operations: ₹927.42 crore, a rise from ₹836.18 crore YoY.
- Net profit: ₹71.92 crore, up from ₹58.84 crore YoY, reflecting a strong 22.2% increase.
Quarterly Comparison:
| Particulars | Q2 FY25 | Q1 FY25 | Q2 FY24 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue from operations | ₹927.42 Cr | ₹907.86 Cr | ₹836.18 Cr | +2.2% | +10.9% |
| Net Profit (PAT) | ₹71.92 Cr | ₹68.00 Cr | ₹58.84 Cr | +5.8% | +22.2% |
Half-Yearly Performance (April to September 2024):
- Total Revenue: ₹1,835.28 crore, up from ₹1,539.57 crore YoY.
- Net Profit: ₹139.92 crore, a significant increase from ₹111.39 crore in the same period last year.
Gravita India has demonstrated sustained growth both on a quarterly and yearly basis, reflecting its robust operational performance and focus on profitability.
Disclaimer: This article is for informational purposes only and should not be construed as financial or investment advice.