Madhav Marbles and Granites' Q1 FY 2025-26 Quarterly Results

Result Summary

• Madhav Marbles and Granites Ltd reported a 32.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 21.4%.
• Its expenses for the quarter were down by 24.6% QoQ and 17.9% YoY.
• The net profit decreased 112.4% QoQ and increased 500.0% YoY.
• The earnings per share (EPS) of Madhav Marbles and Granites Ltd declined at 0.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Madhav Marbles and Granites Ltd is a company primarily known for its involvement in the stone industry, specifically focusing on the production and export of marble and granite products. The company operates within the broader mining and materials sector, where it caters to both domestic and international markets. It engages in quarrying activities and the processing of stone materials, which are then used in construction and interior design applications. As of the latest available data, there are no specific recent major developments publicly documented for the company.

Revenue

In the first quarter of FY26, Madhav Marbles and Granites Ltd reported a total income of ₹8.79 crores. This reflects a decrease of 32.2% from the previous quarter (Q4FY25), where the total income was ₹12.97 crores. Compared to the same quarter in the previous year (Q1FY25), which recorded a total income of ₹11.18 crores, there is a year-over-year decline of 21.4%. This trend indicates a reduction in revenue over both periods, suggesting a challenging quarter for the company's income performance.

Profitability

For the quarter ended Q1FY26, Madhav Marbles and Granites Ltd experienced a loss, with a profit before tax of -₹0.32 crores. This is a significant shift from the profit of ₹0.89 crores reported in Q4FY25, representing a quarter-over-quarter change of -136.0%. Year-over-year, the company also saw a decline from a profit of ₹0.08 crores in Q1FY25, translating to a change of -500.0%. The profit after tax for Q1FY26 was recorded at -₹0.18 crores, in contrast to a profit of ₹1.45 crores in Q4FY25, marking a QoQ decline of 112.4%. Despite showing a 500.0% increase year-over-year from a loss of ₹0.03 crores in Q1FY25, profitability remains a concern. Earnings per share for Q1FY26 stood at -₹0.20, compared to ₹1.60 in the previous quarter, indicating a decline of 112.5%.

Operating Metrics

The total expenses for Madhav Marbles and Granites Ltd in Q1FY26 were ₹9.11 crores, showing a reduction of 24.6% from ₹12.08 crores in Q4FY25. Year-over-year, expenses decreased by 17.9% from ₹11.10 crores in Q1FY25. The tax expense for Q1FY26 was ₹0.04 crores, which is 60.0% lower than the ₹0.10 crores in Q4FY25, and 63.6% lower than the ₹0.11 crores reported in Q1FY25. The downward trend in total expenses and tax expenses may reflect cost management efforts or changes in operational activities. However, despite these reductions, the overall financial outcome for the quarter remained negative.