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Total expenses rose 13.62% to Rs 954.07 crore during the quarter. The cost of materials consumed stood at Rs 838.02 crore (up 3.64% YoY), employee benefit expenses were Rs 44.51 crore (up 4.09% YoY), and finance cost stood at Rs 6.05 crore (down 53.32% YoY) during the period under review.
EBITDA stood at Rs 111.70 crore in Q1 FY26, up 22.42% YoY. EBITDA margin improved 10.74% in Q1 FY26 from 10.05% in Q1 FY25.
Yogesh Malhotra, whole-time director & CEO, Gravita India, said, 'Q1FY26 marked a strong start to the fiscal year, with Gravita delivering solid operational and financial performance across all key segments. Building on the record-setting momentum of FY25, the company remains firmly aligned with its VISION 2029 roadmap'focused on expanding the capacity across core segments (lead, aluminum, plastic, rubber, and turnkey solutions to 7LTPA+ by FY28) and scaling new verticals, including lithium-ion, paper, and steel.
Gravita continues to target 25%+ volume CAGR, 35%+ profitability growth, and 25%+ ROIC, while progressively increasing the share of value-added products to over 50% and non-lead business to over 30%, all anchored by a deep commitment to ESG goals.
In Q1FY26, Gravita achieved YoY growth of 12% in volumes, 15% in revenue, 22% in EBITDA, and 39% in PAT, with ROIC remaining healthy at 28%. Value-added product contribution grew by 47%, and domestic scrap sourcing also increased. Supported by regulatory catalysts, global operations, and an integrated supply chain, Gravita continues to drive forward with disciplined execution, a margin-accretive product mix, and a long-term focus on sustainable and profitable growth.'
Gravita India is a manufacturer of lead, lead alloys & lead products, aluminum alloys & plastic granules, and offers turnkey solutions for the recycling industry and consultancy.
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