Gravita India reports 39% profit jump in Q1

Gravita India reported revenue up 15% year-on-year to INR1,040 crores in Q1 FY26, with 47% from value-added products. Adjusted EBITDA rose 22% to INR111.70 crores, while profit after tax jumped 39% to INR93.26 crores.

The company is expanding capacity to 7 lakh metric tons per annum by FY28 through INR1,500 crores capex, including 100,000 metric tons additional capacity in FY26 focused on lead, rubber and lithium-ion recycling.