Outcome of Board Meeting held on August 13, 2025 & Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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The Board of Elegant Marbles & Grani Industries approved unaudited financial results for Q1 FY26 on August 13, 2025. Revenue from operations stood at Rs. 681.75 lakhs, marginally up from Rs. 664.18 lakhs in Q1 FY25 (about 2.6% growth). However, total income fell to Rs. 681.97 lakhs from Rs. 713.43 lakhs last year due to a sharp drop in other income. Net profit declined to Rs. 83.57 lakhs from Rs. 117.63 lakhs in Q1 FY25, a drop of roughly 29% year-on-year, partly dragged by exceptional items of Rs. 35.82 lakhs. Earnings per share came in at Rs. 2.82 versus Rs. 3.97 in the same quarter last year. Statutory auditors M/s JD Pawar & Associates issued an unqualified limited review report.
Year-on-year net profit has declined significantly despite stable core revenue, mainly due to weaker other income and a one-time exceptional charge. Short-term sentiment may be mildly negative, though operations remain profitable with a clean audit opinion.