Lexus Granito (India) Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
LEXUS · price
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Awaiting price reaction for this filing.
The board of directors of Lexus Granito (India) Limited, a vitrified and wall tile manufacturer based in Morbi, Gujarat, met on August 13, 2025 and approved the unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26). The results were submitted along with a Limited Review Report by statutory auditor Keyur Shah & Associates (UDIN: 251813298MH8XW6800). The auditor issued a clean, unqualified review opinion, stating nothing came to their attention suggesting the results were not prepared in accordance with Ind AS and SEBI LODR requirements. Revenue figures visible in the filing indicate a small-cap tiles business operating in the Rs 13-22 crore range per quarter. No investor complaints were pending at quarter-end. The company has also adopted Ind AS and disclosed segment reporting showing domestic operations as the primary revenue contributor with a smaller overseas presence.
This is a routine regulatory filing disclosing quarterly numbers with a clean auditor review, so the immediate market reaction is likely muted. Investors should wait for the detailed results to assess sequential and year-on-year revenue and margin trends, as Q1 is seasonally weak for the tiles sector due to the monsoon.