Net profit of Gravita India rose 29.28% to Rs 67.33 crore in the quarter ended June 2024 as against Rs 52.08 crore during the previous quarter ended June 2023. Sales rose 29.07% to Rs 907.86 crore in the quarter ended June 2024 as against Rs 703.39 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales907.86703.39 29 OPM %9.668.31 - PBDT81.5869.08 18 PBT75.0661.16 23 NP67.3352.08 29 Powered by Capital Market - Live News

The Board of Gravita India at its meeting held on 20 July 2024 has approved the proposal of Voluntary dissolution of the wholly owned subsidiary of the company, i.e. Gravita Ghana. Powered by Capital Market - Live News

Gravita India announced that Recyclers Costa Rica S.A., a step-down subsidiary of the company situated in Costa Rica has been closed. This subsidiary was not having any business activity therefore it will not have any material financial impact on the books of the company.Powered by Capital Market - Live News

Gravita India announced that Gravita Jamaica, a step-down subsidiary of the company situated in Jamaica has been closed. This subsidiary was not having any business activity therefore it will not have any material financial impact on the books of the company. Powered by Capital Market - Live News

Gravita India will hold a meeting of the Board of Directors of the Company on 20 July 2024.Powered by Capital Market - Live News