Gravity India Profit Surges 428% to ₹765 Lakh in Q2 Results
Key Facts
Gravity India reported a standalone net profit of ₹765.03 lakh for the quarter ended September 30, 2026, marking a 428% year-on-year increase. According to scanx.trade, the company's revenue from operations surged 267% to reach ₹7,507.65 lakh compared to the same period last year. Basic earnings per share rose to ₹8.50 from ₹1.61 in the corresponding quarter.
The company's balance sheet showed a significant rise in trade receivables, which reached ₹16,961.13 lakh on September 30, 2026, up from ₹3,471.79 lakh at the end of the previous fiscal year. This growth was accompanied by an increase in total assets to ₹17,409.53 lakh, while trade payables climbed to ₹13,433.41 lakh. Despite the strong profit performance, data indicated that operating cash flow turned negative for the half-year period.