Asian Granito India Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Asian Granito India has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. The company reported a consolidated revenue of ₹388.24 Cr and a net profit of ₹7.47 Cr, with Earnings Per Share (EPS) at ₹0.32.

A significant update is the NCLT-approved Scheme of Arrangement for demergers, slump sales, and amalgamations, which has been retrospectively applied from October 16, 2023. This strategic move aims to streamline operations. The board also noted the ongoing progress for a second demerger scheme, currently awaiting NCLT approval.