BSEBoard Meeting3 Nov 2026 · 3 Nov 2026, 03:07 pm
Board has considered and approved Un-Audited Standalone Financial Results of the Company for the second quarter ended September 30, 2026, along with Limited Review Report thereon.
Gravity India Ltd-$ · 532015
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Gravity India Ltd has announced its un-audited standalone financial results for the second quarter ended September 30, 2026, along with a limited review report. The results will be made available on the company's website.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10
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Gravity India Ltd-$ - 532015 - Board Meeting Outcome for Outcome Of Board Meeting (Q2 Results)
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GRAVITY (INDIA) LIMITED
(CIN: L62099MH1987PLC042899)
Date: November 03, 2026
Bombay Stock Exchange Limited
Department of Corporate Services,
25th Floor, P. J. Towers, Dalal Street,
Mumbai-400001
Script Id: 532015 ISIN: INE995A01013
Subject: Outcome of Board Meeting held on November 03, 2026.
Dear Sir / Madam,
Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing
Obligation and Disclosure Requirement) Regulations, 2015, we wish to inform you that Board of
Directors of the Company at their meeting held on Tuesday, November 03, 2026 at the Registered
Office of the Company, inter alia, have considered and approved Un-Audited Standalone
Financial Results of the Company for the second quarter ended September 30, 2026.
In this regards, we are enclosing herewith :
1. Un-Audited Standalone Financial Results of the Company for the second quarter ended
September 30, 2026, along with Limited Review Report thereon.
2. Statement of Assets & Liabilities and Cash Flow as on September 30, 2026 (Standalone).
3. Non-Applicability of Regulation 23(9) of SEBI (LODR) (Amendments) Regulation, 2018
4. Declaration/Disclosure regarding under Regulation 33(2)(a) of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015.
The aforesaid information will also be made available on website of the company.
The meeting commenced at 02:15 PM and concluded at 03:00 PM.
The same may please be taken on record.
Thanking You.
Yours Faithfully,
For Gravity (India) Limited
Mukesh Mahendrabhai Parmar
Managing Director
DIN: 11473295
Registered Office: Paresh Complex, Building No. C, Gala No. 227A, Near Guru Kripa Hotel, Reti Bunder
Road, Kalher Village, Bhiwandi, Thane, Maharashtra, India, 421302
Corporate Headquarter: C-804, Krishna Beackon, Near Vaishnodevi Circle, Khoraj, Ahmedabad – 382735
Ph: +91-9725235106
Email: acctbillingdnh@gmail.com / info@gravityindialtd.com | www. gravityindialtd.com
C H A R T E R E D
ACCOUNTANTS
LIMITED REVIEW REPORT
Review Report to,
The Board of Directors of
GRAVITY (INDIA) LIMITED
We have reviewed the accompanying statement of unaudited financial results of GRAVITY (INDIA)
LIMITED for the quarter ended 30th September, 2026 which are included in the accompanying
“Statement of Unaudited Financial Results for the Quarter ended September 30, 2026” together with
relevant notes thereon. The statement has been prepared by the Company pursuant to Regulation 33
of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended (the “Listing Regulations”).
The statement is the responsibility of the Company’s management and has been approved by the Board
of Directors, has been prepared in accordance with the recognition and measurement principles laid
down in the Ind AS 34 “Interim Financial Reporting” (Ind AS 34), prescribed under Section 133 of
the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting
principles generally accepted in India. Our responsibility is to issue a report on the statement based on
our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
“Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued
by the ICAI. This Standard requires that we plan and perform the review to obtain moderate assurance
as to whether the financial statements are free of material misstatement. A review of Interim Financial
information consists of making inquiries, primarily of persons responsible for financial and accounting
matters, and applying analytical and other review procedures. A review is substantially less in scope
than an audit conducted in accordance with Standards on Auditing and consequently does not enable
us to obtain assurance that we would become aware of all significant matters that might be identified
in an Audit. Accordingly, we do not express an Audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying statement of unaudited financial results prepared in accordance with the
recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (‘Ind
AS’) specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules
issued thereunder and other accounting principles generally accepted in India, has not disclosed the
information required to be disclosed in terms of the Listing Regulations, including the manner in which
it is to be disclosed, or that it contains any material misstatement.
For, A V K A S & CO.
Firm Registration No. 155352W
Chartered Accountants
Place: Ahmedabad CA Akshat Shah
Date: 03rd November, 2026 Partner
UDIN: 26629525JRJBTH7697 Mem. No. 629525
Head Offi ce : 537, Yash Arian, Swami Vivekanand Cross Road, New Gurukul, Memnagar, Ahmedabad - 380052.
+91 8401989798 avkasco@gmail.com
Branch Office : 7, Satyam, Old Bus Stand, Ranavav, Porbandar - 360550 +91 9978692329
GRAVITY (INDIA) LIMITED
CIN: L62099MH1987PLC042899
Paresh Complex, Building No. C, Gala No. 227A, Near Guru Kripa Hotel, Reti Bunder Road, Kalher Village, Bhiwandi, Thane, Maharashtra, India, 421302
Statement of audited Standalone Financial Results for the half year ended and Year to date September 30, 2026
( Rs. In Lakh )
For The Year
Quarter Ended Half year ended
Particulars Ended
30-09-2026 30-06-2026 30-09-2025 30-09-2026 30-09-2025 31-03-2026
A Date of start of reporting period 01-07-2026 01-04-2026 01-07-2025 01-04-2026 01-04-2025 01-04-2025
B Date of end of reporting period 30-09-2026 30-06-2026 30-09-2025 30-09-2026 30-09-2025 31-03-2026
C Whether results are audited or unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Audited
Revenue From Operations
(a) Revenue From Operations 7,507.65 6,000.08 2,044.09 13,507.73 2,044.09 17,919.10
(b) Other Income 183.94 9.52 6.05 193.46 40.55 55.56
Total Revenue from operations (net) 7,691.58 6,009.60 2,050.14 13,701.18 2,084.64 17,974.66
Expenditure
(a) Cost of materials consumed - - - -
(b) Purchases of stock-in-trade 6,652.85 5,087.78 1,819.97 11,740.63 1,819.97 16,117.55
(c) Changes in inventories of finished goods, work-in-
- - -
progress and stock-in-trade
(d) Employee benefit expense 6.59 3.88 10.19 10.47 21.21 56.92
(e) Finance Costs 7.78 0.03 - 7.81 4.31 15.33
(e) Depreciation and amortisation expense 2.97 4.05 5.42 7.02 10.84 16.02
(f) Other Expenses 1.58 108.67 19.01 110.25 23.94 28.85
Total expenses 6,671.77 5,204.41 1,854.59 11,876.18 1,880.27 16,234.67
Profit (loss) Before exceptional & Extraordinary items
1,019.82 805.19 195.55 1,825.01 204.37 1,739.99
and Tax
Exceptional items
Profit (loss) from ordinary activities before tax 1,019.82 805.19 195.55 1,825.01 204.37 1,739.99
Tax Expenses - Current Tax 254.79 202.64 51.43 457.43 51.43 442.79
(less):· MAT Credit - - - -
Current Tax Expense Relating to Prior years - - - -
Deferred Tax (Assets)/llabtlltles - 1.89 (0.79) 1.89 1.43 12.17
Profit (loss) from ordinary activities 765.03 600.66 144.91 1,365.69 151.51 1,285.03
Other Comprehensive Income (OCI)
Items that will not be reclassified to profit or loss
Income tax relating to items that will not be
Items that will be reclassified to profit or loss
Income tax relating to items that will be reclassified to
Total Profit After Other Comprehensive Income 765.03 600.66 144.91 1,365.69 1,285.03
Profit/(Loss) From Discountinuing Operation Before
Tax Expenses of Discontinuing Operations
Net Profit/(Loss) from Discountinuing Opration After - - -
Profit(Loss) For Period Before Minority Interest - - -
Share Of Profit / Loss Associates
Profit/Loss Of Minority Interset
Net Profit (+)/ Loss (-) For the Period 765.03 600.66 144.91 1,365.69 1,285.03
Details of equity share capital
Paid-up equity share capital 900.20 900.20 900.20 900.20 900.20 900.20
Face value of equity share capital (per share) 10.00 10.00 10.00 10.00 10.00 10.00
Reserve Excluding Revaluation
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