Archive · 27 Jul 2026
Gravita India Reports Strong Q1 FY27 Results
Gravita India Ltd announced its financial results for the first quarter of fiscal year 2027.
The company made a net profit of ₹106.37 crore, which is higher than the previous quarter.
The revenue from operations was ₹1,475.06 crore, also an increase from the previous quarter.
The company decided to close one of its subsidiaries, Gravita Metal Inc., because it is more efficient to operate from another facility in Jaipur.
The closure is not expected to significantly affect the company's financial position.
The Gravita Employee Welfare Trust holds 9,71,852 shares in the company.
Gravita India Ltd reported a consolidated net profit of ₹106.37 crore for Q1 FY27, up from ₹91.81 crore in the previous quarter.
Revenue from operations for Q1 FY27 was ₹1,475.06 crore, an increase from ₹1,172.76 crore in the previous quarter.
Total consolidated income for Q1 FY27 reached ₹1,522.60 crore.
The company decided to close Gravita Metal Inc., a subsidiary, effective 01 August 2026.
Gravita Metal Inc. contributed ₹92.24 crore to turnover and ₹1.63 crore to PAT in the last financial year.
- Who
- Gravita India Ltd
- What
- Reported Q1 FY27 financial results and subsidiary closure
- When
- 30 June 2026
- Where
- Mumbai, India
- Why
- To inform stakeholders about financial performance and strategic decisions
Management Perspective
Investor Perspective
Subsidiary Closure
Management Perspective
Management believes closing Gravita Metal Inc. will improve operational efficiency and cost savings.
Investor Perspective
Investors may be concerned about potential short-term disruptions and long-term impact on revenue.
- Consolidated Net Profit (Q1 FY27)
- ₹106.37 crore
- Revenue from Operations (Q1 FY27)
- ₹1,475.06 crore
- Total Consolidated Income (Q1 FY27)
- ₹1,522.60 crore
- Total Consolidated Expenses (Q1 FY27)
- ₹1,391.32 crore
- Basic Earnings Per Share (Q1 FY27)
- ₹14.60
- Subsidiary Closed
- Gravita Metal Inc.
- Effective Closure Date
- 01 August 2026
- Shares Held by Gravita Employee Welfare Trust
- 9,71,852