Madhav Marbles and Granites Limited announced its financial results for the quarter ended December 31, 2025, showing mixed performance across its business segments. The company reported revenue from operations of ₹660.25 lakhs for Q3FY26, marking a decline from the previous year's corresponding quarter.

Financial Performance Overview

The company's standalone financial results revealed challenges in profitability during the quarter. Total income reached ₹763.93 lakhs, including other income of ₹103.68 lakhs, compared to ₹720.89 lakhs in Q3FY25.

Consolidated Results

On a consolidated basis, the company's performance showed greater challenges. The consolidated net loss for Q3FY26 was ₹48.77 lakhs compared to a loss of ₹32.47 lakhs in Q3FY25. Total consolidated income stood at ₹718.88 lakhs against ₹682.48 lakhs in the previous year's quarter.

Segment Performance

The company operates through multiple business segments, with the Granite & Stone Division being the primary revenue contributor. For Q3FY26, this division generated ₹660.25 lakhs in revenue, while the Power Generation Unit contributed ₹53.69 lakhs.

Corporate Actions and Strategic Decisions

During the Board meeting held on February 11, 2026, several important decisions were approved with corrected agenda serial numbers:

The company submitted a revised outcome of the Board meeting to BSE Limited and National Stock Exchange of India Limited pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, correcting typographical errors in the original submission regarding agenda item serial numbers.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company reported standalone revenue of ₹2136.76 lakhs compared to ₹2327.82 lakhs in the corresponding period of the previous year. The standalone net profit for the nine-month period was ₹6.51 lakhs against ₹136.30 lakhs in the previous year.

Other Income Components

Other income for Q3FY26 included interest income of ₹80.70 lakhs and net gain on foreign currency transactions of ₹21.22 lakhs. This compares to interest income of ₹31.15 lakhs and foreign currency gains of ₹3.23 lakhs in Q3FY25.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors, with the meeting commencing at 12:30 PM and concluding at 2:33 PM on February 11, 2026.