Aro Granite Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
AROGRANITE · price
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Aro Granite Industries reported a significant deterioration in financial performance for FY2026. Revenue from operations declined sharply to Rs. 7,351.59 Lacs from Rs. 12,309.05 Lacs in FY2025, representing a ~40% year-on-year decline. The company posted a net loss of Rs. 1,181.75 Lacs compared to a loss of Rs. 642.28 Lacs in the previous year. Finance costs increased to Rs. 1,511.25 Lacs from Rs. 1,287.32 Lacs. Both operating segments underperformed, with the Quartz Division reporting a loss of Rs. 380.94 Lacs and the Granite Division seeing reduced profitability. Total borrowings stand at Rs. 15,159.04 Lacs against equity of Rs. 17,394.10 Lacs. The statutory auditor issued an unmodified (clean) opinion on the financial statements.
The sharp revenue decline and widening losses indicate serious operational stress. High debt levels relative to equity raise concerns about financial stability. Shareholders should monitor the company's ability to return to profitability and manage its debt burden.