05-05-2025
Why are Gravita share price up nearly 9% today? Explained
By Aditya Bhagchandani Published on May 5, 2025, 09:29 IST
Shares of Gravita India surged 8.63% to ₹1,967.90 on Monday morning after the company reported a strong set of earnings for the quarter ended March 31, 2025. The stock gained ₹156.40 from its previous close of ₹1,811.50, with investor sentiment boosted by solid growth across all key metrics.
Gravita India posted a consolidated profit after tax (PAT) of ₹95 crore in Q4FY25, marking a 37% year-on-year (YoY) increase from ₹69.4 crore in the same quarter last year. The company's revenue from operations also rose 20.1% to ₹1,037 crore, led by robust demand across its lead, aluminum, and plastic recycling segments.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) stood at ₹92 crore, up 27.4% YoY, with EBITDA margin improving to 8.9% from 8.4%, driven by higher volumes and a rising share of value-added products.
The company also announced that it has raised ₹1,000 crore via Qualified Institutional Placement (QIP) to support its expansion and debt repayment plans. Additionally, the board declared an interim dividend of ₹6.35 per share for FY25-26, with a record date set for May 8, 2025.
CEO Yogesh Malhotra said Gravita achieved record revenue, EBITDA, and PAT in FY25, and is well-positioned to realize its Vision 2029 roadmap focusing on scale, diversification, and sustainability.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
