Aro Granite Q2 FY26 net loss at Rs 249 lacs, director resigns
AROGRANITE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.9 pts less than Nifty Microcap 250 and 5.4 pts less than its Granites & Marbles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Revenue from operations fell to Rs 2,026.91 lacs in Q2 FY26 from Rs 2,860.74 lacs a year earlier. Half-year revenue declined to Rs 4,730.58 lacs from Rs 6,615.99 lacs. Net loss for H1 FY26 narrowed to Rs 243.59 lacs from Rs 644.08 lacs, with loss per share at Rs 1.66. Auditor Alok Mittal and Associates gave an unqualified opinion. Independent Director G Sundareshwara resigned citing increased personal and professional commitments, and board committees were reconstituted.
Top line keeps shrinking though losses are narrowing. Independent director exit may draw some governance attention from investors.