Gravity (India) reports standalone net loss of Rs 3.73 crore in the March 2024 quarter

Sales decline 94.68% to Rs 0.21 crore

Net Loss of Gravity (India) reported to Rs 3.73 crore in the quarter ended March 2024 as against net loss of Rs 0.64 crore during the previous quarter ended March 2023. Sales declined 94.68% to Rs 0.21 crore in the quarter ended March 2024 as against Rs 3.95 crore during the previous quarter ended March 2023.

For the full year,net loss reported to Rs 6.16 crore in the year ended March 2024 as against net loss of Rs 1.00 crore during the previous year ended March 2023. Sales declined 78.03% to Rs 2.25 crore in the year ended March 2024 as against Rs 10.24 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales0.213.95 -95 2.2510.24 -78 OPM %-2680.95-9.37 --345.33-7.32 - PBDT-5.66-0.42 -1248 -7.93-0.77 -930 PBT-5.73-0.47 -1119 -8.16-0.98 -733 NP-3.73-0.64 -483 -6.16-1.00 -516

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