Gravita Reported Robust Financial Performance With 48% Growth In PAT

Jaipur, India, NOVEMBER 03, 2022:  Gravita India, a leading recycling company in India, today announced its financial results for the quarter/half year ended 30th September, 2022. Key Financial Highlights Q2 FY2023- Consolidated Revenue from Operations of Rs. 683 Crores, YoY growth of 25% Adj. EBITDA of Rs. 65 Crore, YoY growth of 29% PAT of Rs. […]

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PNN Verified Media or Organization • 11 Apr, 2026 Agency
November 4, 2022 • 1:51 PM  0
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Gravita Reported Robust Financial Performance With 48% Growth In PAT
mance With 48% Growth In PAT
Jaipur, India, NOVEMBER 03, 2022:  Gravita India, a leading recycling company in India, today announced its financial results for the quarter/half year ended 30th September, 2022. Key Financial Highlights Q2 FY2023- Consolidated Revenue from Operations of Rs. 683 Crores, YoY growth of 25% Adj. EBITDA of Rs. 65 Crore, YoY growth of 29% PAT of Rs. […]
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Gravita Reported Robust Financial Performance With 48% Growth In PAT

Jaipur, India, NOVEMBER 03, 2022:  Gravita India, a leading recycling company in India, today announced its financial results for the quarter/half year ended 30th September, 2022.

Key Financial Highlights Q2 FY2023- Consolidated

  • Revenue from Operations of Rs. 683 Crores, YoY growth of 25%
  • Adj. EBITDA of Rs. 65 Crore, YoY growth of 29%
  • PAT of Rs. 45 Crore, YoY growth of 21%
  • Started commercial production of Recycling of Poly-propylene granules in Ghana
  • Started commercial production of Aluminium in Senegal

Key Financial Highlights H1 FY2023- Consolidated

  • Revenue from Operations of Rs. 1,262 Crores, YoY growth of 27%
  • Adj. EBITDA of Rs. 130 Crore, YoY growth of 48%
  • PAT of Rs. 87 Crore, YoY growth of 48%

Gravita India delivered a strong financial performance of Q2 FY2023. In Q2 FY2023, Revenues stood at Rs. 683 crores, registering a growth of 25% on Y-o-Y basis. The Revenue growth was supported by increasing sales volumes by ~ 17%.

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PNN Verified Media or Organization • 11 Apr, 2026 Agency

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