Live Breaking News & Updates on Oy Growth Of 30 Pat Margin 6 92

PNN Mumbai (Maharashtra) [India], November 1: Gravita India, a leading recycling company in India, today announced its unaudited financial results for the quarter ended 30th September 2023. Q2 FY24 Consolidated Financials: Revenue of Rs 836 crore, YoY growth of 22 % EBITDA of Rs 79.84 crore, YoY growth of 23 % EBITDA Margin of 9.56 %, YoY growth of 3 Bps PAT of Rs 57.86 crore, YoY growth of 30 % PAT Margin of 6.92 %, YoY growth of 40 Bps EPS Of Rs 8.52, YoY growth of 29.29 % Gravita India continues to maintain its leadership position in recycling industry and is well positioned to tap emerging opportunities as focus moves on creating circular economies. Management remains committed to move forward on its long-term growth plan, with a prudent approach and create value for all stakeholders. Commenting on the Performance Yogesh Malhotra; Whole-time Director & CEO of Gravita India said, "Gravita has made a niche for itself over last 31 years and our strong performance ....

New Jersey , United States , New York , Civil Aviation Administration Of China , Walgreens Boots Alliance , Health Corp , Civil Aviation Administration , Pnn Mumbai Maharashtra India , Ovember 1 Gravita India , A Leading Recycling Company In India , Oday Announced Its Unaudited Financial Results For The Quarter Ended 30th September 2023 Q2 Fy24 Consolidated Financials Revenue Of Rs 836 Crore , Oy Growth Of 22 Ebitda Rs 79 84 Crore , Oy Growth Of 23 Ebitda Margin 9 56 , Oy Growth Of 3 Bps Pat Rs 57 86 Crore , Oy Growth Of 30 Pat Margin 6 92 , Oy Growth Of 40 Bps Eps Rs 8 52 , Oy Growth Of 29 Gravita India Continues To Maintain Its Leadership Position In Recycling Industry And Is Well Positioned Tap Emerging Opportunities As Focus Moves On Creating Circular Economies Management Remains Committed Move Forward Long Term Plan , Itha Prudent Approach And Create Value For All Stakeholders Commenting On The Performance Yogesh Malhotra Whole Time Director Amp Ceo Of Gravita India Said , Uot Gravita Has Madea Niche For Itself Over Last 31 Years And Our Strong Performance Year On Isa Testament To Fully Integrated Business Model Which Covers All The Key Aspects Of Recycling Strategic Position As One Few Recyclers In Formal Sector Is Supported By Sectoral Tailwinds Like Stricter Government Norms Bwmr Amp Epr Pan India Global Presence , Integrated Supply Chain , Perational Excellence And Strong Risk Management Framework Makes Usa Preferred Partner Of Choice For Oems Across India Gives Us Confidence To Meet Our Vision 2027 Diversifying Into New Business Verticals Achieve Revenue Cagr 25 , Rofitability Growth 35 And Roce 25 Coming To Q2 Amp H1fy24 Performance , I Am Happy To Share That Gravita Has Performed Exceptionally Well Volumes , Bitda And Pat For The Quarter Have Increased By 14 , 3 And 30 Resp Roce For H1fy24 Stood Strong At 26 Proportion Of Value Added Products Increased To 48 In Which Is Very Close Our Vision 2027i Am Confident That We Will Continue Deliver Best Achieve 2027 Quot Advertorial Disclaimer The Above Press Release Has Been Provided By Pnn Ani Not Be Responsible Any Way Content Same ,