Annual Report FY26 and 35th AGM Notice submitted to exchanges

Filing of FY 2025-26 Annual Report along with 35th AGM Notice per SEBI Regulation 34. Revenue rose 12.3 percent to INR 2,332 million but EBITDA turned negative at INR (113) million and PAT loss widened to INR (318) million, with Q4 EBITDA margin at negative 41.85 percent. US tariff uncertainty and 45 days of regional conflict hit margins. Revenue mix shifted from USA (now 77.2 percent from about 89 percent) toward MENA at 13.2 percent, Canada at 5 percent, and India at 4.6 percent. Dubai facility utilisation peaked at 66 percent. Bagru natural stone unit closed on March 31, 2026.