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Asian Granito Profit Soars 90% on Strong Domestic Demand
1 Jun
Summary
- Net profit surged 90% to ₹18.74 crore in fiscal year 2025-26.
- Company revenue grew 8.60% to ₹1,858.06 crore in the same period.
- Expansion into a ₹6,000 crore revenue company is a long-term vision.
Asian Granito India Ltd has reported a substantial net profit increase of nearly 90%, achieving ₹18.74 crore in the fiscal year 2025-26 compared to ₹9.88 crore a year prior. This impressive financial performance was primarily driven by strong domestic demand and enhanced operational efficiencies.
The company's revenue also saw a healthy rise of 8.60%, totaling ₹1,858.06 crore for fiscal year 2025-26, an increase from ₹1,710.98 crore in the previous fiscal year. EBITDA for the period stood at ₹120.42 crore.
Despite challenges like higher gas prices and export freight costs, Asian Granito is optimistic about its growth trajectory. The Chairman and Managing Director, Kamlesh Patel, highlighted the company's focus on strengthening its brand, distribution network, and product portfolio.
Looking ahead, Asian Granito aims to become a ₹6,000 crore revenue company within the next three to six years, supported by its expanding market presence and continued focus on domestic demand.
