GRAVITA INDIA Limited - RESULTS FOR THE SECOND QUARTER ENDED SEP'2017 - Q2-FY 2017-18

 

GRAVITA INDIA 

Limited

RESULTS FOR THE

SECOND QUARTER ENDED SEP'2017

Q2-FY 2017-18

The results of GRAVITA INDIA Limited for the second quarter ended Sep'2017 are placed here under.

PRESS RELEASE EXCERPTS

1. Q2 SALES SURGE TO 224.67 Cr FROM 161.92 Cr - UP 39%

2. EBITDA BEFORE EXCEPTIONAL ITEMS 0F RS.25.77 CR V/S RS.11.95 CR (UP 116%)

3. EBITDA MARGIN STOOD AT 11.47% AGAINST  7.38% IN Q2 FY 17

4. Q2 PAT JUMPS TO 13.38 CR FROM 8.53 Cr - UP 57%

5. PAT MARGIN STOOD AT 5.96% V/S 5.27% IN Q2 FY17

6. EPS OF RS.1.95  V/S EPS OF RS.1.25

7. ADDED CAPACITY 16000 TONS OF FRESH LEAD RECYCLING CAPACITY AT CHITTOOR ,AP TOTAL CAPACITY AT CHITTOOR IS NOW 28000 MTPA

8. COMMENCES PET FLAKES PRODUCTION IN JAMAICA. ANNUAL CAPACITY OF 4800 MTPA

9. GRAVITA HAS 11 RECYCLING PLANTS ACROSS THE WORLD.

  
DECLARATION :  This does not constitute a Buy/Sell/Hold Recommendation.