Gravita Announced Financial Results for Q2 FY 2014-2015

Gravita announced its Consolidated and Standalone Financial Results for the Second quarter of the Financial Year 2014-15. The highlights of the same are given as under:

Consolidated Financial Highlights for Q-2

Consolidated total revenue during the quarter increased to Rs. 15716 Lacs from Rs. 12013 Lacs in corresponding quarter of the previous year depicting a growth of 31 %.

Earnings before interest, tax, depreciation and amortization stood at Rs. 888 Lacs as compared to Rs.  695 Lacs depicting an increase of 28% in corresponding quarter of previous year.

Net Profit after Tax and minority interest stood at Rs. 372 Lacs registering an increase of 22% over in corresponding quarter of previous year.

Standalone Financial Highlights for Q-2

Total revenue for the Quarter increased to Rs. 8975 Lacs from Rs. 7473 Lacs in corresponding quarter of the previous year depicting a growth of 20%.

Earnings before interest, tax, depreciation and amortization stood at Rs. 270 Lacs.

Net Profit after Tax stood at Rs. 154 Lacs registering an increase of 37% over corresponding quarter of the previous year.

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For additional Information please Contact:

Mrs. Leena Jain, Company Secretary
Gravita India Limited
Email: companysecretary@gravitaindia.com