Nidhi Granites Ltd Announces Unaudited Quarterly Financial Results and Board Approval
Nidhi Granites Limited has approved its unaudited financial results for the first quarter ended June 30, 2026. The company’s board meeting focused on reviewing these results, which were prepared in accordance with Indian Accounting Standards (Ind AS).The Board of Directors convened a meeting on August 13, 2026. The meeting commenced at 12:30 p.m. and concluded at 1:00 p.m. During this session, the Board approved the Un-Audited Financial Results for the First Quarter Ended June 30, 2026, following a recommendation from the Audit Committee.
Q1 Standalone Performance Highlights
The un-audited financial results for the standalone entity showed significant performance metrics in the quarter ending June 30, 2026.Key figures for the standalone entity are summarized in lakhs:
| Particulars | Quarter ended 30.06.2026 (Unaudited) | Quarter ended 30.06.2025 (Unaudited) | Quarter ended 31.03.2026 (Audited) | Year ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Total revenue from operations | 13.97 | 10.16 | 7.18 | 17.34 |
| Total income | 33.10 | 10.16 | 7.30 | 17.59 |
| Total expenses | 3.27 | 44.10 | 46.85 | 166.15 |
| Profit before tax | 29.83 | (33.94) | (39.55) | (148.56) |
| Net profit after tax | 27.11 | (28.10) | (33.27) | (126.56) |
Consolidated Group Results for Q1 FY27
The consolidated un-audited financial results, comprising the parent company and its subsidiaries, were also reviewed. The Group reported a substantial revenue figure of 1,583.80 lakhs for the quarter ended June 30, 2026.Consolidated performance metrics in lakhs:
| Particulars | Quarter ended 30.06.2026 (Unaudited) | Quarter ended 30.06.2025 (Unaudited) | Quarter ended 31.03.2026 (Audited) | Year ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Total revenue from operations | 1,583.80 | 1,981.05 | 1,666.22 | 6,520.44 |
| Total income | 1,603.56 | 1,988.46 | 1,672.95 | 6,548.73 |
| Total expenses | 44.10 | 304.95 | 1,380.36 | 5,473.57 |
| Profit before tax | 292.59 | 304.95 | 292.59 | 1,075.16 |
| Net profit after tax | 289.56 | 224.03 | 193.96 | 767.77 |
Segment Performance Analysis
The company has identified four reportable business segments at the group level. The unaudited consolidated financial segment results for the quarter ended June 30, 2026, are as follows:| Segment | Net Sales/Income From Operation (Q1 FY26) | Total Profit Before Tax (Q1 FY26) | Capital Employed (Q1 FY26) |
|---|---|---|---|
| Construction material | 13.97 | 385.46 | - |
| Paper and Paperboard | 92.12 | 304.95 | 556.87 |
| Garments | (0.09) | 292.59 | 442.45 |
| Financial Technology and related services | 262.97 | 1,075.16 | 687.45 |
Subsidiary Transaction Update
A key transaction involving the company's subsidiaries was noted during the previous quarter. On March 16, 2026, SPNP Paper and Pack Private Limited sold a 100% stake in Fine Papyrus Private Limited for a consideration of Rs 324.62 lakhs. Following this sale, Fine Papyrus Private Limited ceased to be a step down subsidiary effective from March 16, 2026.Stock Price Movement
As of 12:11, shares of Nidhi Granites Ltd are ticking down by 5.00%, currently standing at ₹287.00. The stock is trading completely flat at this price point, as the intraday high and low remain locked at ₹287.00.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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