Gravita India Limited — Investor Meet, 24-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Gravita India Limited reported strong performance in Q2 FY'25, with a 19% increase in consolidated revenue and a 30% rise in adjusted EBITDA. The company announced plans to acquire a waste rubber recycling plant in Romania, enhancing its European presence. Additionally, they aim to raise up to INR 1,000 crores for expansions, M&A, and capex. Significant growth in domestic scrap availability was noted, driving improved EBITDA margins and operational efficiencies.