Gravita Poses 45th in fastest growing top 500 SME’s of India

5th March, 2013 : GRAVITA INDIA LTD has been ranked 45th in the list of fastest growing midsized top 500 Indian companies in 2012 and 4th rank among top 10 companies in steel & ferrous metals in a survey conducted by INC India Magazine.

INC. India magazine is the Indian edition of INC., the leading US magazine. This magazine focuses on growing companies, their aspirations and growth strategies.

In 2011, GRAVITA was ranked 90th in the list of top 500 fastest growing mid-sized Indian companies in the similar survey conducted by INC India.

During the current Financial Year 2012-13 for the nine months ended 31st December 2012 the Company has out-performed with growth in turnover at Rs 302.03 Crores as against 198.93 crores in the corresponding results of previous year. Similarly, the Profits have grown by 37% over the corresponding results of previous year.