Asian Granito India Limited — Updates, 07-02-2025: Press Release

Asian Granito India Ltd reported consolidated net sales of ₹360 crore for Q3 FY25, reflecting a 3% decline year-on-year. However, the company achieved a remarkable 955% increase in EBITDA to ₹16 crore, with an EBITDA margin of 4.41%. Despite a consolidated net loss of ₹1 crore, this marked an improvement from a net loss of ₹8 crore in the same period last year. Exports rose to ₹79 crore, up 22% year-on-year, driven by quartz exports.

Strategically, the company received shareholder and creditor approval for a Composite Scheme of Arrangement involving demerger, slump sale, and amalgamation. Additionally, AGL continues to enhance its brand presence with marketing campaigns featuring Ranbir Kapoor, achieving over 17 million views on YouTube for the "Premium ka Pappa" campaign. The new 'AGL Tile Guru' initiative aims to educate and empower stakeholders in the tiles industry. With these developments, the company maintains a positive outlook for growth amid market challenges.