Jain Marmo Industries has scheduled a meeting of its Board of Directors for September 5, 2026. The session will focus on approving the annual report for FY26 and finalizing details for the upcoming Annual General Meeting.

The board is set to convene at 11:00 am at the company’s work office located on National Highway 8 in Sukher, Udaipur. This gathering follows the standard corporate calendar for reviewing yearly performance and engaging with shareholders.

Agenda Items

The primary objectives for the September 5 meeting include:

• Approval of the Board Report for the financial year 2025-26
• Determination of the date and issuance of the notice for the Annual General Meeting
• Finalization of book closure dates and electronic voting procedures related to the AGM

Any other business incidental to the main agenda may also be considered with the chairman’s permission.

Regulatory Compliance

The company issued this disclosure in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was communicated to both the BSE Limited and the Kolkata Stock Exchange on August 29, 2026.

Hemlata Dangi, Company Secretary of Jain Marmo Industries, signed the regulatory filing. The company’s registered office remains in Jaipur, while its manufacturing operations are based in Udaipur, Rajasthan.

Jain Marmo Industries reported a net loss of ₹8.36 lakh for the first quarter of FY27 (Q1FY27), ending June 30, 2026, marking a significant deterioration from the net profit of ₹1.44 lakh recorded in the preceding quarter. The company’s revenue from operations contracted by 25% year-on-year to ₹33.28 lakh, down from ₹44.44 lakh in Q1FY26. This decline in top-line growth was accompanied by an increase in total expenses to ₹44.70 lakh, resulting in a profit before tax deficit of ₹11.15 lakh compared to a surplus of ₹0.60 lakh in the same period last year.

The Board of Directors approved the unaudited standalone financial results during a meeting held on August 11, 2026, in Udaipur. The results were reviewed and recommended by the Audit Committee and subsequently approved by the Board. Ravi Sharma & Company, the statutory auditors, issued a limited review report stating that nothing came to their attention to suggest the statement contained material misstatements. The financials were prepared in accordance with Ind AS 34 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Breakdown

The company’s operational metrics reveal pressure on margins as costs outpaced revenue generation. While cost of materials consumed remained relatively stable at ₹12.08 lakh compared to ₹12.04 lakh in Q1FY26, other expense categories saw notable increases. Other expenses rose to ₹16.15 lakh from ₹12.79 lakh in the corresponding quarter last year. Additionally, the change in inventories contributed ₹3.03 lakh to expenses, though this was lower than the ₹11.73 lakh recorded in Q4FY26.

Earnings per share (EPS) turned negative, standing at -₹0.27 per share for both basic and diluted measures, compared to ₹0.05 in Q4FY26 and ₹0.01 in Q1FY26. The paid-up equity share capital remained unchanged at ₹313.06 lakh.

What the Numbers Show

The shift from profitability to a net loss in Q1FY27 highlights a divergence between revenue contraction and expense rigidity. While revenue dropped significantly, core operating costs such as employee benefits (₹10.27 lakh) and finance costs (₹2.38 lakh) did not decrease proportionally. The rise in 'other expenses' to ₹16.15 lakh, the largest single expense category, suggests potential inefficiencies or one-off costs impacting the bottom line. With total comprehensive income mirroring the net loss at -₹8.36 lakh, there were no offsetting gains from other comprehensive income items, underscoring the operational challenges faced in the initial quarter of the fiscal year.