We wish to inform your esteemed organization that the Board of Directors in their meeting held today i.e., May 25, 2026, have inter-alia approved the following: 1. Audited Financial Results ....
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Ravileela Granites Limited reported strong annual results for FY26 with net sales of Rs 5,739.55 lakhs, up 39% from Rs 4,124.29 lakhs in FY25. The company turned profitable with net profit of Rs 992.93 lakhs compared to a loss of Rs 320.79 lakhs in the previous year. Q4 standalone net profit was Rs 389.06 lakhs versus a loss of Rs 22.65 lakhs in Q4 FY25. EPS improved to Rs 9.38 per share from negative Rs 3.03. Total assets grew to Rs 9,190.04 lakhs (from Rs 7,312.37 lakhs) and equity increased to Rs 2,185.02 lakhs. The statutory auditor issued an unmodified opinion. The Board also appointed Dagliya & Co. as internal auditor for FY27.
The company has shown a dramatic turnaround from losses to profits with 39% revenue growth and over 300% PAT improvement year-on-year. Shareholders should view this positively as the stock recovered from FY25 losses. However, the negative operating cash flow of Rs 547.60 lakhs warrants monitoring despite strong profit figures.