Lexus Granito Reports Q1 FY2026 Results; Net Loss Stands Despite Revenue Generation
Lexus Granito (India) Limited, a manufacturer of vitrified and wall tiles, has released its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors reviewed these results alongside other operational updates during a meeting held on August 14, 2026.The financial performance reflected in the results shows key figures across various periods. For the quarter ended June 30, 2026, Total Income from Operation (Net) stood at 685.45 lakh.
Key highlights and comparative data for the company are presented below:
| Metric | Q Quarter Ended 30th June, 2026 (Un-Audited) | Q Quarter Ended 31st March, 2026 (Audited) | Q Quarter Ended 30th June, 2025 (Un-Audited) | Year Ended 31st March, 2026 (Audited) |
|---|---|---|---|---|
| Revenue From Operation | 356.23 Lakh | 1,153.59 Lakh | 1,803.53 Lakh | 6,187.56 Lakh |
| Total Income from Operation (Net) | 685.45 Lakh | 1,489.63 Lakh | 1,804.16 Lakh | 7,438.53 Lakh |
| Total Expenses | 949.65 Lakh | 1,553.45 Lakh | 1,745.07 Lakh | 7,348.49 Lakh |
| Profit before Tax | (264.20) Lakh | (63.82) Lakh | 59.09 Lakh | 90.04 Lakh |
| Net Profit after tax | (267.21) Lakh | (65.47) Lakh | 62.17 Lakh | 104.17 Lakh |
Segment Performance and Operations
The company, which is engaged in the Manufacturing and sale of Vitrified Tiles and Wall Tile, reported that all revenue during the quarter was generated entirely from domestic operations in India.In segment reporting for the period ended June 30, 2026, Revenue from Operation in India stood at 356.23 lakh. Total Segment Assets related to the company’s operation were recorded as 10,921.74 lakh.
Preferred Issue Status and Fund Utilisation
Management also reported on the status of the Preferential Issue of Convertible Warrants, which was conducted in September 2024. The funds raised amounted to Rs. 1,01,70,000. As of the reporting quarter ended June 30, 2026, the company had received 75% of the total consideration for this issue.Regarding the use of funds from the February 27, 2026 raise, the original allocation for Repayment of Unsecured loan was 3200.00 lakh. The funds utilized against this purpose amounted to 1074.00 lakh.
The management confirmed that there were no deviations in the objects or purposes for which these funds had been raised during the reporting period.
LEXUS Stock Price Movement
Lexus Granito (India) Limited shares today slipped by 1.74% to settle at ₹13.57 in the post-market session. The equity saw trading activity involving a volume of 9,278 shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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