Jain Marmo Industries Limited , a manufacturer and trader of marble products, has announced its unaudited financial results for the third quarter and nine months ended December 31, 2023. The company's Board of Directors approved these results during a meeting held on February 9, 2024.

Quarterly Performance

For the quarter ended December 31, 2023, Jain Marmo Industries reported revenue from operations of Rs 65.12 lacs. This marks a significant decrease compared to the Rs 133.27 lacs recorded in the same quarter of the previous year, representing a decline of approximately 51.14%.

Nine-Month Performance

In contrast to the quarterly results, the company's performance over the nine-month period ending December 31, 2023, showed substantial improvement. Jain Marmo Industries reported revenue from operations of Rs 53.87 lacs for this period, more than doubling the Rs 26.66 lacs recorded in the corresponding period of the previous year. This represents an impressive year-over-year growth of about 102.06%.

Business Segment

Jain Marmo Industries operates in a single business segment, focusing on the trading and manufacturing of marbles, granites, and other stones and minerals.

Audit and Approval Process

The financial results underwent a review by the company's audit committee before receiving approval from the Board of Directors.

Market Implications

The mixed results present an interesting picture of Jain Marmo Industries' performance. While the quarterly revenue has seen a significant drop, the strong growth in the nine-month period suggests potential recovery and positive momentum in the company's operations over a longer term.

Investors and market analysts may need to consider various factors contributing to these fluctuations, such as market demand, operational efficiencies, and broader economic conditions affecting the marble and stone industry.

Jain Marmo Industries Limited , a manufacturer and exporter of marble products, has announced key decisions from its recent board meeting held on September 5, 2025. The company has set the date for its 44th Annual General Meeting (AGM) and appointed a new secretarial auditor, among other resolutions.

AGM Date and E-Voting Details

The 44th AGM of Jain Marmo Industries is scheduled for Tuesday, September 30, 2025, at 11:00 AM. The meeting will take place at the company's registered office in Jaipur, Rajasthan. To facilitate shareholder participation, the company has fixed the following dates:

• Book closure period: September 24-30, 2025 (both days inclusive)
• Cut-off date for e-voting eligibility: September 23, 2025
• E-voting period: September 26, 2025 (9:00 AM) to September 29, 2025 (5:00 PM)

Appointment of New Secretarial Auditor

The board has recommended the appointment of M/s Ronak Jhuthawat & Co as the company's new secretarial auditors. This appointment, subject to shareholder approval at the upcoming AGM, is for a term of five consecutive years, from the financial year 2025-26 to 2029-30.

M/s Ronak Jhuthawat & Co, a firm of practicing company secretaries, brings experience in corporate compliance and secretarial matters. The firm holds a unique code (P2025RJ104300) and a peer review certificate (No. 6592/2025).

Other Key Decisions

The board meeting, which lasted from 11:00 AM to 11:30 AM, also saw the approval of the following:

1. Appointment of Mr. Ronak Jhuthawat as the scrutinizer for e-voting and voting at the AGM venue.
2. Approval of the Board of Directors' Report for the financial year ended March 31, 2025.
3. Finalization of the AGM notice and related documents.

These decisions reflect Jain Marmo Industries' commitment to corporate governance and shareholder engagement. Shareholders are advised to take note of the important dates and participate in the upcoming AGM.