Gravita India Limited Announces Q1 Results, Approves Closure of Gravita Metal Inc. Operations
Gravita India Limited has released its unaudited financial results for the quarter ended June 30, 2026, and confirmed the closure of operations for its subsidiary, Gravita Metal Inc., following a decision made during the Board meeting held on July 27, 2026.The company's consolidated performance showed significant revenue from operations, while management cited operational efficiencies as the reason behind the divestment of the metal unit.
Financial Highlights (Consolidated)
Gravita India Limited reported the following financial metrics for the quarter ended June 30, 2026:| Metric | Consolidated Figures (Rs. In crores) |
|---|---|
| Revenue from Operations | 1,475.06 |
| Total Income | 1,5622.60 |
| Profit Before Tax (PBT) | 131.28 |
| Total Tax Expenses | 24.91 |
| Profit After Tax | 106.37 |
Closure of Gravita Metal Inc.
The Board meeting approved the discontinuation of operations for Gravita Metal Inc., a subsidiary of the company. The management stated that this decision was made to ensure optimal utilization of Group resources, as the same line of business is currently being conducted at another manufacturing facility belonging to the company in Jaipur, which offers greater operational and cost efficiencies.Details regarding the closure of Gravita Metal Inc. are as follows:
| Metric | Detail |
|---|---|
| Closure Effective Date | W.E.F. August 01, 2026 |
| Turnover (Last Financial Year) | 92.24 Crores |
| Net Worth (Last Financial Year) | 1.00 Crore |
| PAT (Last Financial Year) | 1.63 Crores |
Segmental Revenue Snapshot
Gravita India Limited’s consolidated segment revenue for the three months ended June 30, 2026 was as follows:| Segment Category | Revenue from Operations (Rs. In crores) |
|---|---|
| Lead | 954.75 |
| Aluminium | 110.52 |
| Plastics | 26.63 |
| Copper | 376.05 |
| Turnkey Projects | 468.00 |
| Others | 243.00 |
Consolidated Segment Results
The company also reported the following key financial results across segments for the quarter:| Metric | Value (Rs. In crores) |
|---|---|
| Total Profit Before Tax | 131.28 |
| Net Profit After Tax | 106.37 |
The company's unaudited consolidated financial results, along with the independent auditor’s review report, were reviewed and approved by the Audit Committee and the Board of Directors on July 27, 2026.
GRAVITA Stock Price Movement
Gravita India Limited shares edged higher today to close at ₹1788.8, recording a 0.78% gain after post-market trading. The stock traded within a daily range of ₹1772.6 and ₹1807.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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