GRAVITA NSE filing

Gravita India Declares Interim Dividend of ₹7.70 Per Share; Approves Q2 FY27 Unaudited Results

The RealCase readMedium impact Positive

Gravita India Limited declared an interim dividend of ₹7.70 per share for FY27. The company approved its Q2 FY27 unaudited results, with consolidated profit after tax at ₹102.03 crore for the quarter and ₹208.40 crore for the half-year. Standalone profit after tax was ₹47.34 crore for the quarter and ₹115.39 crore for the half-year.

Why it matters

The interim dividend is a direct financial benefit to shareholders. The financial results provide an update on the company's performance, which can influence investor decisions.

The market read

The declaration of an interim dividend and the approval of financial results are positive indicators for the company.

Gravita India Limited's Board of Directors, in a meeting held on October 27, 2026, approved the Un-Audited Financial Results (Standalone and Consolidated) for the Quarter and Half-Year ended September 30, 2026. The Board also declared an interim dividend of ₹7.70 per equity share (385%) for the financial year 2026-27. Tuesday, November 03, 2026, has been fixed as the Record Date for determining eligible shareholders for this dividend, with payment expected by November 25, 2026. The board meeting commenced at 1:00 PM and concluded at 4:00 PM.

Standalone financial highlights for the quarter ended September 30, 2026, show total income of ₹795.26 crore and profit after tax of ₹47.34 crore. For the half-year ended September 30, 2026, total income stood at ₹1,676.32 crore and profit after tax was ₹115.39 crore.

Consolidated financial results for the quarter ended September 30, 2026, reported total income of ₹1,445.35 crore and profit after tax of ₹102.03 crore. For the half-year ended September 30, 2026, total income was ₹2,967.95 crore and profit after tax was ₹208.40 crore.

The company also noted that during the quarter ended September 30, 2026, operations of Gravita Metal Inc. ('GMI'), a subsidiary, were ceased and its activities transitioned to other plants without material impact on financial results. An appeal against a demand order of ₹70.10 crore from the Commissioner of Customs (Preventive) is ongoing, with management confident of a favorable outcome.

Filing to action

What to do with a filing like this

Gravita India Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Gravita India Limited. Read the original for the full detail.

View original filing