Gravita Announced Financial Results for Q2 FY 2014-2015
Gravita declared its consildated and standalone financial results with overwhelming revenue of 31% as compare to the FY 2013-14
Jaipur, India, November 13, 2014 (Newswire.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 under:
Consolidated Financial Highlights for Q-2
Determined to Lead
Kamal Kumawat, Sales & Marketing
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.
See Results: http://www.gravitaindia.com/investors/financials/
About company:
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Gravita India Ltd is world's one of leading Lead Metal manufacturing company based at Jaipur, India. Gravita also provides turnkey engineering solutions and consultancy for Lead Batttery Recycling, Lead smelting and Lead refining.
For further reading please go to http://www.gravitaindia.com
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