Elegant Marbles & Grani Industries Limited has delivered impressive financial results for the third quarter of FY26, demonstrating strong operational momentum with significant revenue growth and improved profitability metrics.

Strong Quarterly Performance

The company's Q3FY26 results showcase remarkable growth across key financial parameters. Revenue from operations surged to ₹1,074.36 lakhs, representing a substantial 111.55% increase compared to ₹507.84 lakhs in Q3FY25. This growth trajectory reflects the company's enhanced market positioning and operational efficiency.

Nine-Month Financial Overview

For the nine-month period ended December 31, 2025, the company maintained positive revenue growth momentum. Revenue from operations reached ₹2,573.09 lakhs, up 16.44% from ₹2,209.90 lakhs in the corresponding previous period. However, net profit for the nine-month period declined to ₹316.01 lakhs from ₹430.21 lakhs, marking a 26.54% decrease.

Operational Highlights

The company's operational metrics reveal strong business fundamentals. Total expenses for Q3FY26 were ₹976.95 lakhs compared to ₹509.48 lakhs in Q3FY25, primarily driven by increased purchases of stock-in-trade which rose to ₹645.77 lakhs from ₹229.91 lakhs. Employee benefit expenses increased to ₹149.98 lakhs from ₹120.38 lakhs, reflecting business expansion activities.

Comprehensive Income Impact

While operational performance remained strong, the company reported negative total comprehensive income of ₹453.61 lakhs for Q3FY26 compared to positive ₹131.90 lakhs in Q3FY25. This was primarily due to other comprehensive income items that will not be reclassified to profit or loss, which showed a negative impact of ₹580.62 lakhs.

Regulatory Compliance and Governance

The Board of Directors approved these unaudited financial results at their meeting held on February 12, 2026. The results have been reviewed by the Audit Committee and received an unqualified review opinion from statutory auditors JD Pawar & Associates. The company maintains its equity share capital at ₹296.30 lakhs with a face value of ₹10 per share.

Elegant Marbles & Grani Industries Limited , a prominent player in the marble and granite industry, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's performance shows a mixed picture, with revenue growth in the quarter but a decline in profitability compared to the same period last year.

Revenue Growth Amidst Profit Decline

For Q2 FY2026, Elegant Marbles & Grani Industries reported revenue from operations of Rs. 816.98 lakhs, marking a significant increase from Rs. 681.75 lakhs in the previous quarter. However, this figure represents a decrease from Rs. 1,037.88 lakhs recorded in the same quarter of the previous fiscal year. The company's total income for the quarter, including other income, stood at Rs. 869.59 lakhs.

Despite the quarter-on-quarter revenue growth, the company's net profit saw a substantial decline. Q2 FY2026 net profit was reported at Rs. 121.10 lakhs, down from Rs. 255.11 lakhs in the corresponding quarter of the previous year, indicating a year-on-year decrease of about 52.5%.

Half-Year Performance

For the half-year ended September 30, 2025, Elegant Marbles & Grani Industries' revenue from operations stood at Rs. 1,498.73 lakhs, with a net profit of Rs. 204.67 lakhs.

Financial Position

As of September 30, 2025, the company reported total assets of Rs. 15,486.29 lakhs, showing a slight increase from Rs. 15,103.87 lakhs as of March 31, 2025.

Key Financial Metrics

Management Review and Audit

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in their meeting held on October 31, 2025. The statutory auditors, M/s. JD Pawar & Associates, Chartered Accountants, have conducted a limited review of these financial results and expressed an unqualified review opinion.

Investor Information

Elegant Marbles & Grani Industries Limited maintains transparency with its investors. The detailed financial results are available on the BSE Limited website ( www.bseindia.com/corporates ) and the company's official website ( www.elegantmarbles.com ).

The company's performance reflects the ongoing challenges in the marble and granite industry, with fluctuating demand and market conditions.