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

Madhav Marbles and Granites (MMGL) has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs. 8.03 Cr and a net loss of Rs. 0.18 Cr for the quarter.

A significant strategic decision was also taken: MMGL will lease one of its windmills to a newly formed entity. MMGL will hold a 74% equity stake in this new venture, with the remaining 26% held by HT Consumers. This move is aimed at optimizing power utilization and enhancing revenue through direct sales.