Synopsis:
Gravity (India) Limited, a Textile Stock, reports 20,340% YoY revenue growth and a 1,971.43% QoQ net profit surge in Q2 FY26 results.
This Textile Stock, engaged in manufacturing synthetic and furnishing fabrics, including shirting and industrial fabrics, and diversified into IT services through its subsidiary, hit a 5 percent upper circuit after the company reported September quarterly results with 20,340 percent revenue growth and 1,971 percent net profit growth in Q2 FY26.
With a market capitalization of Rs. 6.05 crores, the shares of Gravity (India) Limited hit a 5 percent upper circuit of Rs. 6.72 per share on Friday, up from its previous closing price of Rs. 6.40 per share.
Q2 FY26 Result Walkthrough
Coming into the quarterly results of Gravity (India) Limited, the company’s consolidated revenue from operations increased by 20,340 percent YOY, from Rs. 0.10 crore in Q2 FY25 to Rs. 20.44 crore in Q2 FY26, and grew by 6,493.55 percent QoQ from Rs. 0.31 crore in Q1 FY26.
In Q2 FY26, Gravity (India) Limited’s consolidated net profit has turned from negative to positive, reaching a net profit of Rs. 1.45 crore compared to a net loss of Rs. 1.38 crore during the same period last year. As compared to Q1 FY26, the net profit has increased by 1,971.43 percent, from Rs. 0.07 crore. The basic earnings per share increased by 1,912.50 percent and stood at Rs. 1.61 as against Rs. 0.08 recorded in the previous quarter in the financial year 2026.
In terms of return ratios, the company’s ROCE and ROE stand at -38.2 percent and -65.6 percent, respectively. Gravity (India) Limited has an earnings per share (EPS) of Rs. 1.72, and its debt-to-equity ratio is 0.66x.
Company Overview
Gravity (India) Limited was incorporated in 1987 and is based in Mumbai. The company is primarily engaged in the manufacturing of synthetic fabrics, including furnishing fabrics and garments.
The company operates a manufacturing plant located in Village Khutali, Dadra and Nagar Haveli, and benefits from government tax incentives for its operations there. The company offers a range of textile products, including shirting and furnishing fabrics, mainly targeted at the Indian market.
The company has maintained a focus on quality and design to compete effectively in the textile industry. Gravity (India) Limited caters to both domestic demand through its synthetic fabric lines, providing a variety of textile solutions.
Written By – Nikhil Naik
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