Madhav Marbles and Granites' Q2 FY 2025-26 Quarterly Results

Result Summary

• Madhav Marbles and Granites Ltd reported a 7.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 13.7%.
• Its expenses for the quarter were down by 3.2% QoQ and up 18.1% YoY.
• The net profit increased 144.4% QoQ and increased 29.4% YoY.
• The earnings per share (EPS) of Madhav Marbles and Granites Ltd declined at 0.49 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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 involved primarily in the business of marble and granite processing. This includes the extraction, processing, and sale of these natural stones for use in construction and other related industries. The company operates within the broader natural stone industry, which serves both domestic and international markets. The company's portfolio typically includes a variety of marble, granite, and other stone products, with applications ranging from flooring and countertops to decorative and structural elements in construction. As of the last available information, no recent major developments have been highlighted for Madhav Marbles and Granites Ltd.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Madhav Marbles and Granites Ltd reported a total income of ₹8.12 crores. This represents a decrease of 7.6% compared to the previous quarter (Q1FY26), where the total income was ₹8.79 crores. However, when compared to the same quarter in the previous year (Q2FY25), there was a year-over-year increase of 13.7%, with the total income rising from ₹7.14 crores to ₹8.12 crores. The fluctuation in revenue across the quarters suggests variability in income generation, which is a key aspect of the company's financial performance.

Profitability

For Q2FY26, the company's profit before tax was reported at a negative ₹0.70 crores, indicating a loss. This figure marks a deterioration from the previous quarter's loss of ₹0.32 crores, with the quarter-over-quarter change reflecting a 118.7% increase in loss. Compared to Q2FY25, where the loss was ₹0.33 crores, the year-over-year change shows a 112.1% increase in the loss. The tax expense for Q2FY26 was minimal at ₹0.01 crores, consistent with the same period last year, though it decreased by 75% from the previous quarter's tax expense of ₹0.04 crores. Consequently, the profit after tax for Q2FY26 was a loss of ₹0.44 crores, compared to a loss of ₹0.18 crores in Q1FY26 and a loss of ₹0.34 crores in Q2FY25. This represents a 144.4% increase in losses quarter-over-quarter and a 29.4% increase year-over-year.

Operating Metrics

The company's earnings per share (EPS) for Q2FY26 was a negative ₹0.49, compared to a negative ₹0.20 in Q1FY26 and a negative ₹0.38 in Q2FY25. This reflects a quarter-over-quarter increase in loss of 145% and a year-over-year increase of 28.9%. These figures are indicative of the company's operational performance, highlighting the challenges in achieving profitability. Total expenses for Q2FY26 were ₹8.82 crores, which shows a decrease of 3.2% from the previous quarter's expenses of ₹9.11 crores. However, compared to Q2FY25, total expenses increased by 18.1%, rising from ₹7.47 crores to ₹8.82 crores. This increase in expenses year-over-year may reflect changes in operational costs or scaling efforts. The overall financial data suggests significant operational challenges faced during the quarter.