Aro Granite Industries Limited reported audited standalone financial results for the quarter ended June 30, 2026, revealing a significant deterioration in performance compared to both the preceding quarter and the same period last year. The company posted a net loss of ₹745.49 lacs for Q1FY27, a sharp reversal from the net profit of ₹5.58 lacs recorded in Q1FY26 and a widening from the net loss of ₹640.73 lacs in Q4FY26. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 7, 2026, with statutory auditors Alok Mittal & Associates issuing an unqualified opinion.

Key Financial Performance

Revenue from operations for the quarter stood at ₹2,062.42 lacs, declining from ₹2,703.66 lacs in Q1FY26 and ₹1,151.89 lacs in Q4FY26. Total income, including other income of ₹58.31 lacs, came in at ₹2,120.73 lacs. Total expenses for the quarter rose to ₹2,867.83 lacs, resulting in a loss before tax of ₹747.10 lacs.

The following table presents the key financial metrics across comparable periods (Rs. in Lacs):

Expense Breakdown

The cost structure for Q1FY27 reflects elevated material and financial costs relative to revenues. Key expense components for the quarter ended June 30, 2026 are detailed below (Rs. in Lacs):

Other Comprehensive Income for the quarter stood at ₹6.49 lacs, resulting in a Total Comprehensive Loss of ₹739.00 lacs for Q1FY27. The paid-up equity share capital remained unchanged at ₹1,530 lacs (face value of Rs. 10 each).

Segment-Wise Performance

Aro Granite operates across two business segments: Manufacturing of Granite Tiles and Slabs, and Manufacturing of Quartz (Engineered) Slabs. Both segments reported negative results in Q1FY27 (Rs. in Lacs):

The Granite Slabs/Tiles Division, which contributed ₹1,588.04 lacs in revenue during Q1FY27, recorded a segment loss of ₹331.55 lacs, compared to a segment profit of ₹406.23 lacs in Q1FY26. The Quartz Division reported a segment loss of ₹123.81 lacs against a loss of ₹48.42 lacs in the year-ago period.

Board Approves Key Managerial Re-Appointments

At the same Board meeting, two significant managerial re-appointments were approved, both subject to shareholder approval at the ensuing Annual General Meeting:

Mr. Sunil Kumar Arora is described as being vested with substantial powers of management and involved in policy planning, vision, strategy, and long-term developmental activities. He is the father of Mr. Sahil Arora, Whole-Time Director, and spouse of Mrs. Sujata Arora, Director. Mr. Sahil Arora oversees international marketing as well as the domestic market segment.

Auditor's Note and Compliance

The standalone financial results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act. The statutory auditor, Alok Mittal & Associates (Firm Regn. No. 005717N), issued an unqualified audit opinion on the results. Notably, the company assessed its employee benefit obligations in light of the four new Labour Codes announced by the Government of India — effective November 21, 2025 — and found no implication against employee benefits as past service cost for the quarter ended June 30, 2026. Figures for Q4FY26 represent balancing and recast figures between the audited full-year figures and published figures up to the third quarter.

Aro Granite Industries Ltd has announced the convening of its 38th Annual General Meeting (AGM), scheduled to be held on Wednesday, August 28, 2026, at 12:00 PM (IST). The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in accordance with applicable regulatory provisions. The company's registered office is located at 1001, 10th Floor, DLF Tower A, Jasola, New Delhi – 110 025.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted copies of the newspaper advertisement published on July 30, 2026, to both Bombay Stock Exchange Limited and National Stock Exchange of India Limited. The AGM notice and Annual Report for the financial year 2025-26 will be submitted to the exchanges in due course. The filing was signed by Ayush Goel, Company Secretary and Compliance Officer.

AGM Participation and Voting Details

Members may attend the AGM exclusively through VC or OAVM. Those participating will be counted towards the quorum under Section 103 of the Companies Act, 2013. The company has facilitated remote e-voting for all resolutions to be considered at the meeting, in compliance with Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI (LODR) Regulations, 2015.

The key dates and timelines for the AGM and associated processes are summarised below:

Annual Report and Member Communication

The AGM notice and Annual Report for the financial year 2025-26 will be dispatched electronically to members whose email addresses are registered with the company or their Depository Participants. Members who have not registered their email addresses may do so through the company's Registrar and Share Transfer Agent (RTA), Integrated Registry Management Services Private Limited.

The AGM notice and Annual Report for the financial year 2025-26 will also be made available on the company's website at www.aerogranite.com , as well as on the websites of the relevant stock exchanges, ensuring broad accessibility for all stakeholders.

Regulatory Compliance

The newspaper advertisement was published on July 30, 2026, as part of the company's compliance obligations under SEBI (LODR) Regulations, 2015. The communication was issued from New Delhi and signed by the Company Secretary on behalf of Aro Granite Industries Ltd. The company holds TUV NORD certifications for ISO 9001, ISO 14001, and BS OHSAS 18001, reflecting its commitment to quality, environmental, and occupational health and safety management standards.