Ravileela Granites Releases Unaudited Financial Results; Appoints New Additional Director

Ravileela Granites Releases Unaudited Financial Results; Appoints New Additional Director​

Ravileela Granites Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. In other significant corporate updates, the company appointed Ms. Parvatha Harshini Reddy as an Additional Director and formed a Corporate Social Responsibility (CSR) Committee.

The Board of Directors reviewed and approved the unaudited financials, which were supported by a Limited Review Report from statutory auditors. The results reflect performance in Net Sales/Income from Operations and subsequent profitability for the period.

Financial Performance Snapshot​

For the quarter ended June 30, 2026, Ravileela Granites reported total income from operations of ₹ 1,962.91 Lakhs. Total expenses were recorded at ₹ 1,560.82 Lakhs, resulting in a profit before other income and finance costs of ₹ 402.09 Lakhs.

The company's Net Profit for the quarter stood at ₹ 239.04 Lakhs. Earnings Per Share (EPS), both basic and diluted, was reported at 2.26.

Key financial figures for Ravileela Granites Ltd are summarized below:

Governance and Leadership Appointments​

The Board of Directors approved the appointment of Ms. Parvatha Harshini Reddy as an Additional Director (Non-Executive and Non-Independent), effective from July 28, 2026, until the conclusion of the ensuing Annual General Meeting.

Ms. Reddy's profile includes over 12 years of experience in manufacturing, healthcare, and business transformation. She currently heads Sales & Marketing for QuartzKraft LLP and Ravileela Granites, overseeing a portfolio that generates ₹ 130 crore in annual export revenue across North America and Europe. Ms. Reddy is also noted to be preparing to assume a broader leadership role across the family's diversified industrial enterprises, including MTAR Technologies, which reports an FY26 revenue of ₹ 876.21 crore.

Furthermore, Mrs. Rashida Hatim Adenwala, Practicing Company Secretary and Founder Partner at R & A Associates in Hyderabad, was appointed to act as Scrutinizer for the e-voting process during the upcoming Annual General Meeting (AGM).

Committee Formation and AGM Planning​

Effective from July 28, 2026, the company has formed a Corporate Social Responsibility (CSR) Committee of the Board. The committee members include Mr. Hari Prasad Atluri as Chairperson, along with Mr. Sorabh Chinoy Kersasp and Mrs. Parvatha Harshini Reddy.

The company also announced plans for its upcoming Annual General Meeting (AGM), which is scheduled to be held on September 30, 2026, through Video conferencing or other Audio Visual Means. The Notice of the AGM, Directors' Report, and Management Discussion and Analysis Report (MDAR) will be circulated to members in due course.

Stock Price Movement​

Ravileela Granites Ltd settled on Tuesday at ₹59.50, gaining 0.44% in market close. The shares moved throughout the session, trading between an intraday low of ₹59.00 and a high of ₹61.00.