Madhav Marbles and Granites News

Madhav Marbles Approves OMR 35,000 Loan to Related Party

Madhav Marbles and Granites Limited board approves loan of OMR 35,000 to associate company Madhav Surfaces FZC LLC for business operations and working capital requirements.

Madhav Marbles Q3FY26 Revenue ₹660.25 Lakhs

Madhav Marbles and Granites Limited reported Q3FY26 revenue of ₹660.25 lakhs with standalone net loss of ₹12.73 lakhs. Board approved subsidiary capital increase and wind generator sale proposal.

Madhav Marbles Reports Q1 FY2026 Results and Approves Windmill Leasing Strategy

Madhav Marbles and Granites Limited approved its unaudited financial results for the quarter ended June 30, 2025. On a standalone basis, the company reported revenue from operations of Rs. 792.16 lakhs compared to Rs. 1060.49 lakhs in the same quarter last year. Net profit stood at Rs. 16.13 lakhs versus Rs. 44.72 lakhs in the previous year quarter. On a consolidated basis, the company posted a net loss of Rs. 17.66 lakhs compared to a loss of Rs. 3.36 lakhs in the corresponding quarter last year. The board approved a proposal to lease one of its three windmills to a newly formed entity where Madhav Marbles will hold a 74% stake, with the remaining 26% held by HT consumers. This strategic move aims to optimize power utilization and improve revenue through direct sales to high tension consumers, moving away from the current model of captive use and surplus banking with Tamil Nadu Electricity Board.