Gravita India Limited (GRAVITA)
Please find enclosed press release regarding the Company has planned to set up Copper Recycling Plant at Mundra, Gujarat.
Gravita India plans to set up a copper recycling plant at Mundra, Gujarat.
- Capacity addition of 59,200 MTPA in phased manner
- Capex approx ₹64 crore, funded through internal accruals
- Commissioning expected by March 31, 2029
- Strategic move to expand non-ferrous metal recycling and backward integrate Mandvi plant
- Facility benefits from proximity to major port for logistics and market access
Source: Original filing PDF
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PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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