Results - Announcements
Gravita India Ltd share price slipped 2.53% to Rs 1309.5 after the company's net profit eased 4.08% to Rs 102.03 crore, while revenue from operations softened by 3.23% to Rs 1427.35 crore in Q3FY26 over Q2FY26.
The market capitalization of Industrial Minerals industry group stocks on BSE stood at Rs 2.38 lakh crore, crashing by 15.97%. It has eased by 2.80% over last one week and crashed 17.59% in last one month while the market capitalization of Gravita India Ltd has softened by 7.27% and 16.92% in the same period respectively.
Profit before tax (PBT) of Gravita India Ltd stood at Rs 124.21 crore in Q3 FY26, rising by 11.62% year-on-year, and declining 5.39% quarter-on-quarter. EBITDA came in at Rs 116 crore, jumping 53.23% YoY and expanding by 86.55% sequentially.
Total expenses marginally dropped 5.26% to Rs 1307.26 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 1259.25 crore, posting a minor increase of 9.12% YoY, while employee benefits expense was at Rs 53.7 crore, tanking by 12.02% YoY.
For the TTM ended FY26, revenue from operations rose 10.25% to Rs 4265.27 crore, while net profit soared by 20.91% to Rs 378.33 crore, compared to previous TTM. EBITDA surged by 22098% to Rs 358.0 crore, and PBT surged 23.33% to Rs 448.25 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 169.29 crore in FY26, as against Rs 282.18 crore in FY25.
Gravita India Ltd tumbled by 22.14% in last one year, underperforming the benchmark BSE Sensex which has declined by 13.18% during the same period.