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Madhav Marbles and Granites LimitedBoard Meeting, 13-08-2025: Outcome of Board Meeting

13-08-2025 | 07:21 pm

Madhav Marbles and Granites' board has approved the financial results for the quarter ended June 30, 2025. The company reported consolidated revenue of ₹8.03 crore, alongside a net loss of ₹0.18 crore for the quarter.

In a key strategic decision, the board approved leasing one of its three windmills to a newly formed LLP/Company. MMGL will retain a 74% equity stake in this new entity, with the remaining 26% held by HT Consumers. This move aims to optimize power utilization and enhance revenue by enabling direct power sales to high-tension consumers.

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