Gravita India Limited (GRAVITA) Q2 FY27 Financial Results: PAT ₹68.05 & Revenue ₹861.06 Cr(3 announcements)

Gravita India reported a 25.8% YoY rise in revenue to ₹1,475.06 crores and a 15.1% YoY increase in profit after tax to ₹106.37 crores for Q1 FY2026, driven by operational improvements and strategic acquisitions. extractedFields: "keyEvent": "Gravita India announces closure of Gravita Metal Inc. subsidiary effective August 1, 2026, citing operational and cost efficiencies at Jaipur facility." "whatChanged": "Profit after tax rose 15.1% YoY to ₹106.37 crores; revenue grew 25.8% YoY to ₹1,475.06 crores; customs appeal of ₹70.10 crores contested with no material financial impact." "forwardGuidance": null "investorTakeaway": "Shareholders benefit from strong quarterly growth and strategic expansion, though minor risks remain from pending customs matters." "followUpQuestions": ["What is the impact of the South Africa subsidiary closure on future cash flows?", "How will the 99.57% stake in RMIL affect consolidation going forward?", "When will the customs appeal resolution be finalized?"] "sentiment": "positive"

Gravita India reported Q1 FY2026 unaudited consolidated profit after tax of [amount context mismatch] crores, up sharply from Rs 93.06 crores in the prior corresponding quarter, driven by the acquisition of Rashtriya Metal Industries Limited effective March 12, 2026, which boosted total income to ₹1,562.60 crores. The company closed its subsidiary Gravita Metal Inc. on August 1, 2026, citing operational consolidation, with no material financial impact. The customs duty appeal of Rs 70.10 crores remains contested but poses no financial risk. Shareholding details show 9,71,852 shares held by the employee welfare trust, with a face value of Rs 2 per share.

Gravita India reported Q1 FY27 revenue of ₹111.70 crores, up 42% YoY, with PAT at [amount not verified], up 14% YoY, driven by capacity expansion and operational improvements. The company incurred ₹30 crores in capex and upgraded its Mundra plant to LME brand listing, enhancing global market access. These results reflect strong execution of its Vision 2030 strategy, with volume growth and margin resilience supporting long-term value creation.