Gravita Reported 146% increase in its Q3 Net Profit
Lead and Lead Products Manufacturer
2013-02-07 07:50:26 - Gravita india Ltd is Indian multinational company engaged in manufacturing Lead Metal and Lead products with its eco friendly state of art technology. Gravita reported 146% increase in Q3 FY 2012-13.
Gravita India Limited, Jaipur, has announced its Financial results for the quarter ended December 31, 2012. Consolidated Net total income for the quarter was Rs. 11307.01 Lacs, showing an increase of 59% over the total income for the corresponding quarter of previous year.
The EBITDA of the Company increased by 189% in Q3 FY 2012-13 compared to the corresponding quarter of previous year. Over the last 10 months, the Share of the Company has gained 21% outpacing the Sensex’s 14.5% gain. In addition to above the Board of Directors of the Company have declared 2nd Interim Dividend for the Financial Year 2012-13 @15% on total issued capital of the Company.
The Company has recently expanded its Plant operations at Jammu and Senegal
by implementing upgraded Plant & Machinery. The Company is in the process of establishing a new plant in Gujarat. The Company’s Jaipur Plant is also under expansion of production capacity. See Results on www.gravitaindia.com
Gravita India Ltd. is Leading Indian Company having state-of-the-art Lead Processing unit at Jaipur (Rajasthan), INDIA. We carry out smelting of Lead Ore / Lead Concentrate / Lead Battery Scrap to produce primary & secondary Lead Metal, which is further transformed into Pure Lead, Specific Lead Alloy, Lead Oxides (Lead Sub-Oxide, Red Lead, and Litharge) and Lead Products like Lead Sheets, Lead Pipes etc. with proven technology and processes.
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