Submission of Un-audited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2025 as per SEBI (LODR) Regulations, 2015
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Solid Stone Company Ltd has submitted its Q1 FY26 results with revenue from operations of Rs. 567.44 lakhs, up about 34% from Rs. 424.47 lakhs in Q1 FY25. Standalone net profit rose to Rs. 5.08 lakhs (vs Rs. 4.40 lakhs YoY), while profit before tax improved to Rs. 5.93 lakhs (vs Rs. 4.54 lakhs). Total expenses were Rs. 562.85 lakhs, with employee costs, finance costs, and depreciation as the key line items. Consolidated net profit stood at Rs. 4.38 lakhs after accounting for a Rs. 0.70 lakh share of loss from its associate, Global Instile Solid Industries Ltd. EPS came in at Rs. 0.09 standalone and Rs. 0.08 consolidated. The statutory auditors (M/s. Merchant & Co.) issued an unmodified limited review report.
Strong top-line growth of around 34% YoY signals a recovery in the company's natural stones and building materials business, but margins remain thin with profits barely above the prior year, limiting meaningful upside for shareholders in the near term.