Gravita: Gravita India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024

Gravita India Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 9,274.2 million compared to INR 8,361.8 million a year ago. Revenue was INR 9,677.8 million compared to INR 8,503.1 million a year ago. Net income was INR 720 million compared to INR 578.6 million a year ago. Basic earnings per share from continuing operations was INR 10.66 compared to INR 8.52 a year ago. Diluted earnings per share from continuing operations was INR 10.66 compared to INR 8.52 a year ago. For the six months, sales was INR 18,352.8 million compared to INR 15,395.7 million a year ago. Revenue was INR 18,825.1 million compared to INR 15,770.5 million a year ago. Net income was INR 1,393.3 million compared to INR 1,099.4 million a year ago. Basic earnings per share from continuing operations was INR 20.48 compared to INR 16.22 a year ago. Diluted earnings per share from continuing operations was INR 20.48 compared to INR 16.22 a year ago.