Conference Call with Gravita India Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Non-Ferrous Metals company Gravita India announced Q3FY25 results Revenue: Rs 996 crore compared to Rs 758 crore during Q3FY24. EBITDA: Rs 102.27 crore compared to Rs 89.68 crore during Q3FY24. PAT: Rs 77.93 crore compared to Rs 60.27 crore during Q3FY24. Yogesh Malhotra, Whole Time Director & CEO, Gravita India, said: “Gravita has performed extremely well in 9MFY25 and is progressing strongly to achieve its VISION 2028 of expanding capacities in existing and new verticals, having volume CAGR and profitability growth of 25%+ & 35%+ resp., ROIC 25%+, value added products 50%+ and non-lead business 30%+. I am pleased to share that Gravita has successfully raised Rs 1,000 crore through QIP. These funds will be strategically utilized to drive the company’s vision of becoming a global leader and one of the most valuable companies in the recycling industry Coming to Q3FY25 performance, Gravita achieved significant growth across key metrics, with volumes, revenues, EBITDA, and PAT increasing by 33%, 31%, 14%, and 29%, on YoY basis respectively. Proportion of Valueadded products and availability of domestic scrap continues to increase. Gravita is well-positioned for growth due to its strategic focus on ambitious capex and capacity expansion, global operations, and an integrated supply chain. The company benefits from stringent regulatory compliance, operational excellence, and a focus on high-margin products. Proactive risk mitigation through hedging, an experienced management team, and strong stakeholder support further bolster its growth prospects. Result PDF