Elegant Marbles Reports Declining Sales and Profit Challenges in May 2025 Results

May 31 2025 02:48 PM IST
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Elegant Marbles and Grani Industries announced its financial results for the quarter ending March 2025, revealing net sales of Rs 6.44 crore, a decline from previous quarters. The profit before tax reached its lowest in five quarters at Rs -0.49 crore, indicating ongoing challenges for the company.
Elegant Marbles and Grani Industries has recently reported its financial results for the quarter ending March 2025, with the announcement made on May 30, 2025. The company operates within the diversified consumer products sector and is categorized as a microcap entity.

In this quarter, Elegant Marbles experienced a notable shift in its evaluation, with the score adjusting to -5 from -10 over the past three months. This change reflects a reassessment of the company's financial standing, despite the overall performance being characterized as flat.

The financial data reveals that net sales for the quarter amounted to Rs 6.44 crore, which represents a decline of 14.9% compared to the average net sales of Rs 7.57 crore over the previous four quarters. Additionally, the profit before tax, less other income, recorded its lowest figure in the last five quarters at Rs -0.49 crore, indicating a challenging near-term trend for the company.

These results highlight the current challenges faced by Elegant Marbles, prompting a revision in its score.

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