Gravita's revenue up by 49% at Rs. 399.58 Crore

Gravita India Ltd, leading Lead manufacturing company registered 49% growth for the financial year 2013. Board also recommends 15% dividend to the shareholders in board meeting held on 28th may 2013.
 
JAIPUR, India - May 31, 2013 - PRLog -- Gravita India Limited, the Jaipur based Indian multinational company registered 49% growth in revenue at Rs. 399.58 Cr which is the highest in any financial year since inception .Gravita on Tuesday reported 27% increase in Profit After Tax at Rs. 19.03 Cr for the financial year ending Mar’31, 2013. The Board of Directors at its meeting held on May’28, 2013 has recommended a final dividend of 15%, a cumulative dividend of 40% for the financial year 2013. Commenting on the results, Mr. Rajat Agrawal, Managing director said “Robust global strategy and continued focus on new markets led to business growth.”
Gravita is constantly growing with the vast experience of over 20 years through innovations and strategic management.

Company Profile:
Gravita is world’s leading Lead metal and Lead products manufacture and exporter with global presence. Gravita has 10 eco-friendly manufacturing facilities across the globe. The company is engaged in Manufacturing, Turnkey solutions for Lead Battery recycling & technology and Mercantile Trade for nonferrous metals. Gravita is owned and managed by a forward-looking and dedicated team of professionals. Our commitment is to provide low cost Lead and its products at highest quality with a special emphasis on timely deliveries.

The company’s expertise covers:

• Pure Lead Manufacturing

• Lead Alloying

• Lead Sub-Oxide, Red Lead and Litharge Manufacturing

• Lead Sheets, Lead Pipe and Lead Powder Manufacturing

• Lead Mono Silicate and Re-Melted Lead Manufacturing

• Air, Water and Solid Waste Pollution Control

• Lead battery recycling plant manufacturing, design and consultancy

• Meeting of environmental and occupational health standards

Please visit company's website http://www.gravitaindia.com for more information for financial Results.
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Tags:Gravita India, Lead Metal, Pure Lead, Gravita India Ltd, Lead Alloys.
Industry:Manufacturing, Industrial
Location:Jaipur - Rajasthan - India
Subject:Reports
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