Asian Granito India posted a consolidated net profit of ₹7.6 crore in Q1 FY26, compared to a net loss of ₹1.7 crore a year ago, aided by lower input and gas costs.
Consolidated net sales rose 7.8% year-on-year to ₹388.2 crore.
Asian Granito India turned profitable in the April-June quarter of 2025-26 by posting a consolidated net profit of ₹7.6 crore driven by lower input costs and gas prices, according to an exchange filing.
The company had reported a net loss of ₹1.7 crore in the first quarter of 2024-25.
Consolidated net sales rose by 7.8% to ₹388.2 crore in the June quarter compared to ₹360.1 crore in the first quarter of FY2024-25.
Operating profit or EBITDA for the first quarter was ₹24.9 crore against ₹15.7 crore in the year-ago period, the filing said.
Exports for Q1 FY26 were ₹63 crore, which was 26% YoY higher as compared to exports of ₹50 crore in Q1 FY25.
The company attributed improved performance during the previous quarter to a strategic decision to produce high-value products in its own plants, a reduction in input costs, mainly gas prices and control over certain indirect costs.
Kamlesh Patel, Chairman and Managing Director, Asian Granito India Ltd said, “AGL has delivered a resilient performance in Q1FY26, driven by operational efficiency and a focus on sustainable growth … committed to delivering value to all stakeholders with a vision to achieve total revenue of ₹6,000 crore in the next 4-6 years."
