Gravity (India) Ltd has announced plans to raise financial resources through an equity issue, marking a strategic move to strengthen its capital base. The initiative comes after a strong Q3FY26 performance, with revenues revised to ₹7,995.06 lakh and net profit of ₹450.46 lakh, signaling confidence in future growth.
In a bid to reinforce its financial position, Gravity (India) Ltd has revealed plans to augment resources via an equity issue. The announcement follows the company’s revised Q3FY26 results, which reported revenues of ₹7,995.06 lakh and a net profit of ₹450.46 lakh, reflecting steady operational performance despite compliance-related observations from auditors.
The equity issue is expected to provide Gravity with additional capital to fund expansion, strengthen working capital, and support new projects in the textile and apparel sector. Analysts believe the move will help the company reduce reliance on debt financing and improve its balance sheet flexibility.
Gravity’s management emphasized that the equity infusion aligns with its long-term growth strategy, enabling the company to capture emerging opportunities in both domestic and export markets. The textile sector has seen rising demand, and Gravity aims to leverage this momentum with enhanced financial strength.
Key Highlights
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Equity Issue: Gravity (India) Ltd to raise funds via equity issuance.
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Financial Performance: Q3FY26 revenues revised to ₹7,995.06 lakh; net profit ₹450.46 lakh.
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Strategic Goal: Strengthen capital base, reduce debt reliance, and fund expansion.
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Sector Outlook: Textile demand rising in domestic and global markets.
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Investor Impact: Equity issue expected to improve liquidity and confidence.
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Compliance Note: Auditors flagged certain compliance issues, but performance remains strong.
Sources: Business Standard – Gravity India Ltd Announcements; ScanX News – Revised Q3FY26 Results; Moneycontrol – Corporate Filings and Equity Plans