The Asian Granito India Ltd (The Company or AGL), established in the year 2000, has emerged as one of the leading ceramic companies in India. Over a short span of two decades, it has built a distinctive reputation for itself in India as well in the global markets as a manufacturer of a wide variety of finest quality Ceramic Tiles, Engineered Marble and Quartz.
Asian Granito's Q1 results show Consolidated Revenue of ₹530.95 Cr and Net Profit of ₹8.07 Cr. Business structure changed with multiple demerger/amalgamation schemes. Operational challenges from plant closures due to anti-dumping duty and gas shortage have ended, but higher gas prices are affecting current profitability.