Gratex Industries Ltd 2020 AR2
The report outlines the financial and operational performance of Gratex Industries Limited for the fiscal year 2019-2020. The company achieved a total income of INR 34.69 million and a profit after tax of INR 1.61 million, representing an increase from the previous year. Gratex Industries Limited continues to operate primarily in the wallpaper segment, contributing 100% of its total turnover. Due to the COVID-19 pandemic, the company faced challenges in the latter part of the year, leading to a reduction in the valuation of old wallpaper stock. The company remains committed to long-term growth and aims to increase its turnover in the upcoming fiscal year.
Company: Gratex Industries Ltd
Sector: Manufacturing
Country: India
Year: 2020
Type: AR2
Pages: 86
Gratex Industries Ltd
The report outlines the financial and operational performance of Gratex Industries Limited for the fiscal year 2019-2020. The company achieved a total income of INR 34.69 million and a profit after tax of INR 1.61 million, representing an increase from the previous year. Gratex Industries Limited continues to operate primarily in the wallpaper segment, contributing 100% of its total turnover. Due to the COVID-19 pandemic, the company faced challenges in the latter part of the year, leading to a reduction in the valuation of old wallpaper stock. The company remains committed to long-term growth and aims to increase its turnover in the upcoming fiscal year.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available