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Gravita India Limited announced that its Finance Committee approved providing a corporate guarantee on behalf of Rashtriya Metal Industries Limited, a material subsidiary, for credit facilities of up to Rs 600 crore, with a guarantee amount not exceeding Rs 100 crore. The guarantee is at arm’s length, and Mr. Rajat Agrawal, a promoter and chairman cum managing director of Gravita India Limited, and Ms. Karvi Agrawal, the managing director of Rashtriya Metal Industries Limited and Mr. Agrawal’s daughter, have interests in the transaction, along with other family members holding a negligible percentage of shares in the subsidiary.

Net profit of Gravita India rose 14.08% to Rs 106.39 crore in the quarter ended June 2026 as against Rs 93.26 crore during the previous quarter ended June 2025. Sales rose 41.84% to Rs 1475.06 crore in the quarter ended June 2026 as against Rs 1039.94 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1475.061039.94 42 OPM %7.449.68 - PBDT145.77124.64 17 PBT131.28115.93 13 NP106.3993.26 14 Powered by Capital Market - Live News

Gravita India will hold a meeting of the Board of Directors of the Company on 27 July 2026.

Gravita India has received revision in credit ratings at IND AA-; Positive/ IND A1+ (rating affirmed, outlook revised from Stable) for bank facilities of Rs 150 crore.

Net profit of Gravita India declined 3.42% to Rs 91.88 crore in the quarter ended March 2026 as against Rs 95.13 crore during the previous quarter ended March 2025. Sales rose 13.08% to Rs 1172.76 crore in the quarter ended March 2026 as against Rs 1037.07 crore during the previous quarter ended March 2025.For the full year,net profit rose 21.26% to Rs 378.80 crore in the year ended March 2026 as against Rs 312.39 crore during the previous year ended March 2025. Sales rose 10.25% to Rs 4265.27 crore in the year ended March 2026 as against Rs 3868.77 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1172.761037.07 13 4265.273868.77 10 OPM %9.598.89 -10.208.38 - PBDT117.00122.32 -4 487.08392.55 24 PBT105.95114.57 -8 448.25363.46 23 NP91.8895.13 -3 378.80312.39 21 Powered by Capital Market - Live News