Gravita Revenue Increases by 31% in Q2 FY 2014-2015
Gravita declared its consolidated and standalone financial results with overwhelming increase in revenue of 31% as compared to the FY 2013-14.
Jaipur, India, November 12, 2014 --(PR.com)-- 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:
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.
Company Profile:
Gravita India Limited is one of the leading Lead manufacturer and exporter companies established in 1992 at Jaipur, India. Company manufactures Pure Lead, Lead alloys, Lead Sheet, Lead Powder, Red Lead, Remelted Lead, Litharge, Lead Oxides & Chemicals, Lead balls, Lead plates and Many other Lead products.
To know more about company's financials & products, visit: http://www.gravitaindia.com
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.
Company Profile:
Gravita India Limited is one of the leading Lead manufacturer and exporter companies established in 1992 at Jaipur, India. Company manufactures Pure Lead, Lead alloys, Lead Sheet, Lead Powder, Red Lead, Remelted Lead, Litharge, Lead Oxides & Chemicals, Lead balls, Lead plates and Many other Lead products.
To know more about company's financials & products, visit: http://www.gravitaindia.com
Contact
Gravita india Ltd
Leena Jain
+91 141 4057800
www.gravitaindia.com
Gravita Tower, A-27B, Shanti Path, Tilak Nagar, Jaipur - 3020004
Leena Jain
+91 141 4057800
www.gravitaindia.com
Gravita Tower, A-27B, Shanti Path, Tilak Nagar, Jaipur - 3020004
Contact
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