Latest news with #AsianGranitoIndia
Business Standard
6 days ago
- Business
- Business Standard
Asian Granito India reports consolidated net profit of Rs 7.47 crore in the June 2025 quarter
Sales rise 7.82% to Rs 388.24 croreNet profit of Asian Granito India reported to Rs 7.47 crore in the quarter ended June 2025 as against net loss of Rs 1.88 crore during the previous quarter ended June 2024. Sales rose 7.82% to Rs 388.24 crore in the quarter ended June 2025 as against Rs 360.08 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 8 OPM %6.414.37 -PBDT22.529.60 135 PBT8.89-4.48 LP NP7.47-1.88 LP Powered by Capital Market - Live News
News18
6 days ago
- Business
- News18
Asian Granito turns profitable in June qtr; sales rise by over 7 pc to Rs 388 cr
Mumbai, Aug 13 (PTI) Asian Granito India turned profitable in the April-June quarter of 2025-26 by posting a consolidated net profit of Rs 7.6 crore driven by lower input costs and gas prices, according to an exchange filing. The company had reported a net loss of Rs 1.7 crore in the first quarter of 2024-25. Consolidated net sales rose by 7.8 per cent to Rs 388.2 crore in the June quarter compared to Rs 360.1 crore in the first quarter of FY2024-25. Operating profit or EBITDA for the first quarter was Rs 24.9 crore against Rs 15.7 crore in the year-ago period, the filing said. Exports for Q1 FY26 were Rs 63 crore, which was 26 per cent YoY higher as compared to exports of Rs 50 crore in Q1 FY25. Kamlesh Patel, Chairman and Managing Director, Asian Granito India Ltd said, 'AGL has delivered a resilient performance in Q1FY26, driven by operational efficiency and a focus on sustainable growth … committed to delivering value to all stakeholders with a vision to achieve total revenue of Rs 6,000 crore in the next 4-6 years." PTI IAS MR MR view comments First Published: August 13, 2025, 17:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
30-05-2025
- Business
- Time of India
Asian Granito India posts ₹16.41 crore profit in Q4 FY25
NEW DELHI: Asian Granito India (AGIL) has reported net consolidated profit after tax of ₹16.41 crore during the quarter ended March 31, 2025. It had registered loss after tax ₹5.41 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at ₹478.49 crore in Q4 FY25, a growth of 11.78 per cent from ₹428.06 crore it recorded in the similar quarter last year. Kamlesh Patel , chairman and managing director of the company said, "Despite the current volatility in the market and economy, the company has closed Q4 and FY25 on a good note, achieving better operational and financial performance, indicating improvement. We are steadfast on our commitment to achieve total revenue of ₹6,000 crore in next 4-6 years." The board of directors considered and approved an investment by making subscription of 51% of total share capital of the proposed post which it will become subsidiary of the company. In Q4 FY25, net sales of the company was reported at ₹471.62 crore, exports was at ₹86 crore. Exports during FY25 were at ₹291 crore and comprised 19% of revenue. In Q3 FY25, AGIL had completed the conversion of all outstanding warrants into equity shares. In October 2024, the company allotted 77.82 lakh and 47.14 lakh equity shares, respectively, upon warrant conversion. Subsequently, in November 2024, an additional 78.03 lakh shares were issued at ₹48.15 per share (including a ₹38.15 premium), raising ₹28.18 crore from promoter group investors. These conversions increased company's issued, subscribed, and paid-up equity share capital to ₹147.04 crore, comprising 14.70 crore fully paid-up shares of ₹10 each. As a result, the promoter group's holding rose from 29.02% in September 2024 to 33.52% as on March 2025.
Business Standard
29-05-2025
- Business
- Business Standard
Asian Granito India reports consolidated net profit of Rs 18.93 crore in the March 2025 quarter
Sales rise 11.33% to Rs 471.62 crore Net profit of Asian Granito India reported to Rs 18.93 crore in the quarter ended March 2025 as against net loss of Rs 2.35 crore during the previous quarter ended March 2024. Sales rose 11.33% to Rs 471.62 crore in the quarter ended March 2025 as against Rs 423.63 crore during the previous quarter ended March 2024. For the full year,net profit reported to Rs 27.54 crore in the year ended March 2025 as against net loss of Rs 12.25 crore during the previous year ended March 2024. Sales rose 1.82% to Rs 1558.52 crore in the year ended March 2025 as against Rs 1530.59 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 471.62423.63 11 1558.521530.59 2 OPM % 6.194.70 - 4.863.33 - PBDT 27.9813.10 114 58.5132.06 83 PBT 15.600.17 9076 7.82-14.93 LP NP 18.93-2.35 LP 27.54-12.25 LP
