Gravita India Limited has announced strong financial results for the quarter ended December 31, 2025, demonstrating robust operational performance and sustained growth momentum. The recycling company, which operates across 70+ countries with 13 state-of-the-art manufacturing facilities, continues to strengthen its position as a leading player in the global recycling space.

Strong Q3 FY26 Performance

The company delivered impressive year-on-year growth across key financial metrics for Q3 FY26. The consolidated results show significant improvement in profitability and operational efficiency.

The company's profit after tax (PAT) showed the strongest growth at 25%, reaching ₹98 crore compared to ₹78 crore in the corresponding quarter of the previous year. EBITDA growth of 13% to ₹116 crore indicates improved operational efficiency and margin expansion.

Consolidated Financial Results

For the quarter ended December 31, 2025, Gravita India reported consolidated total income from operations of ₹1,028.76 crore. The net profit before tax stood at ₹115.09 crore, while net profit after tax reached ₹97.49 crore. Total comprehensive income for the period was ₹118.21 crore.

Nine-Month Performance

The nine-month period ended December 31, 2025, showcased consistent growth trajectory with consolidated revenue of ₹3,160.58 crore compared to ₹2,907.79 crore in the corresponding period of the previous year. Net profit after tax for the nine-month period reached ₹286.52 crore, up from ₹217.98 crore in the previous year.

Standalone Results

On a standalone basis, the company reported net sales turnover of ₹863.79 crore for Q3 FY26. Profit before tax stood at ₹90.29 crore, while profit after tax was ₹72.18 crore. For the nine-month period, standalone turnover reached ₹2,566.77 crore with profit after tax of ₹227.35 crore.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on January 21, 2026. The company has maintained transparency by publishing detailed financial results on stock exchange websites and its corporate website. The results comply with Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015.

Company Overview

Gravita India operates as a multinational recycling company with a global footprint spanning over 70 countries across six continents. With 33 years of experience and operations across five business verticals, the company has established itself as a significant player in the recycling industry. The company's vision is "to be the most valuable company in the recycling space globally," reflecting its commitment to sustainable value creation for the green economy and all stakeholders.

Gravita India has delivered a robust financial performance in the third quarter, showcasing strong profitability growth and improved operational efficiency. The company's consolidated results demonstrate significant year-on-year improvements across key financial metrics, particularly in profit margins and earnings quality.

Financial Performance Overview

The company's Q3 financial results reflect a well-balanced growth trajectory with notable improvements in profitability metrics:

Revenue and Profitability Analysis

Gravita India's revenue performance in Q3 showed steady growth, rising to ₹1,017.00 crores from ₹996.00 crores in the corresponding quarter of the previous year. While the revenue growth was modest at 2.11%, the company demonstrated exceptional operational leverage through significant improvements in profitability metrics.

The most impressive aspect of the quarterly performance was the substantial jump in net profit, which increased by 25.42% year-on-year to reach ₹97.70 crores. This strong profit growth on relatively modest revenue increase indicates improved cost management and operational efficiency.

Operational Efficiency Improvements

The company's EBITDA performance stood out as a key highlight of the quarter. EBITDA surged by 47.97% to ₹120.00 crores compared to ₹81.10 crores in the same quarter last year. This substantial increase in earnings before interest, taxes, depreciation, and amortization reflects the company's enhanced operational capabilities.

The EBITDA margin expansion was particularly noteworthy, improving significantly to 11.80% from 8.14% year-on-year. This 366 basis points improvement in margin demonstrates the company's ability to optimize its cost structure and improve operational efficiency while maintaining revenue growth.

Key Performance Highlights

The Q3 results showcase several positive developments for Gravita India:

• Strong profit growth: Net profit increased by over 25% despite modest revenue growth
• Margin expansion: EBITDA margin improved by more than 3.5 percentage points
• Operational leverage: Significant improvement in earnings quality and cost management
• Consistent performance: Maintained revenue growth while enhancing profitability

These results indicate that Gravita India has successfully focused on improving its operational efficiency and cost management capabilities, leading to enhanced profitability and stronger financial performance in the third quarter.