Inani Marbles Reports Q1 Profit, Announces Key Management Re-appointments

1 min read     Updated on 12 Aug 2025, 07:43 PM
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Overview

Inani Marbles & Industries Ltd announced Q1 financial results with revenue of Rs 11.14 crore and profit of Rs 17 lakh. The Board approved re-appointments of Anuj Inani as Whole Time Director and Mahesh Kumar Inani as Joint Managing Director, effective October 1, 2025. Other decisions include approval of related party transactions and appointment of new Secretarial Auditor.

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Inani Marbles & Industries Ltd , a leading player in the marble and granite industry, has released its financial results for the first quarter, along with several key management decisions.

Financial Performance

The company reported a revenue from operations of Rs 11.14 crore for the quarter, with a profit of Rs 17 lakh. The earnings per share (EPS) stood at Rs 0.09.

Particulars Q1 (Rs in Lakhs)
Revenue from Operations 1,114.03
Other Income 13.77
Total Income 1,127.80
Total Expenses 1,110.80
Profit Before Tax 17.00
Profit After Tax 17.00
EPS (Rs) 0.09

Management Re-appointments

The Board of Directors has approved the re-appointment of two key executives:

  1. Anuj Inani as Whole Time Director

    • Effective from October 1, 2025
    • Commerce Graduate with MBA in Finance
    • Over 13 years of experience in marble, granite, stone, and quartz business
  2. Mahesh Kumar Inani as Joint Managing Director

    • Effective from October 1, 2025
    • Over 33 years of experience in marble and granites
    • Responsible for raw material procurement and daily operations

Other Key Decisions

  • Approval of material related party transactions with Atlas Marble and Granite Tr. and Miraak Surfaces Pvt. Ltd.
  • Resignation of Anil Somani & Associates as Secretarial Auditor
  • Appointment of Varun Kabra & Associates as the new Secretarial Auditor for a five-year term, subject to shareholder approval

Company Overview

Inani Marbles & Industries Ltd operates in a single segment, focusing on the processing of marble, granite, stone, and quartz. The company's board meeting, held on August 12, 2025, commenced at 3:00 PM and concluded at 4:40 PM.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. Nyati Mundra & Co., Chartered Accountants, conducted a limited review of the financial results for the quarter.

Historical Stock Returns for Inani Marbles & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.37%+0.37%-4.19%-9.67%-23.32%+17.17%
Inani Marbles & Industries
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