Pursuant to Regulation 30 and 33 of SEBI (LODR), 2015, we hereby submit Audited Standalone and Consolidated Financial Results approved by the Board of Directors of the Company at its Meeting ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Solid Stone Company reported audited results for FY2026 (year ended March 31, 2026). Revenue from operations declined to Rs. 2,573.53 lakhs from Rs. 2,767.74 lakhs in FY2025, a drop of about 7%. Net Profit After Tax (PAT) fell significantly to Rs. 50.22 lakhs from Rs. 86.59 lakhs in the previous year, representing a decline of approximately 42%. EPS reduced to Rs. 0.93 from Rs. 1.61. Finance costs increased to Rs. 215.19 lakhs (from Rs. 195.85 lakhs), and depreciation rose to Rs. 128.61 lakhs (from Rs. 91.80 lakhs). The company operates in a single segment (natural stones and building materials). Statutory auditors Ashar & Co. LLP issued an unmodified (clean) opinion on both standalone and consolidated results. The consolidated results include one associate company Global Instile Solid Industries Limited.
The stock may face pressure due to the significant 42% decline in net profit and 7% revenue decline. Higher finance costs and depreciation are compressing profitability. However, the clean audit opinion and positive cash flow from operations (Rs. 515.63 lakhs) provide some stability.