Madhav Marbles and Granites Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting
13-08-2025 | 07:25 pm
13-08-2025 | 07:25 pm
Madhav Marbles and Granites (MMGL) has announced a board meeting outcome. The Board approved the financial results for the quarter ending June 30, 2025. Consolidated revenue from operations stood at Rs. 8.03 Cr, with the company reporting a net loss of Rs. 0.18 Cr for the quarter. A key strategic move approved is the plan to lease one of its windmills to a new entity where MMGL will hold a 74% stake. This aims to boost revenue by enabling direct power sales to high-tension consumers.
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