Categories AlphaGraphs, Earnings

Aro Granite Industries Ltd Q1FY24; 633% rise in Profits

Aro granite Industries Ltd (AGIL) (incorporated in 1988) is the largest processed granite exporter from India. The co. has an experience of more than 35 years in processed granite exports. It has a 100% EOU plant located in Tamil Nadu and set up a new 100% EOU unit in Rajasthan last year. It currently exports to more than 50 Countries. It has received “Star export House” certification from the Ministry of Commerce and Industry. Mr. Sunil K Arora is the Managing Director of the co.


Financial Results:

  • Aro Granite Industries Ltd reported Revenues for Q1FY24 of ₹51.43 Crores up from ₹45.03 Crore year on year, a rise of 14.21%.
  • Total Expenses for Q1FY24 of ₹49.78 Crores up from ₹44.71 Crores year on year, a rise of 11.34%.
  • Consolidated Net Profit of ₹1.32 Crores up 633.33% from ₹0.18 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.86, up 616.67% from ₹0.12 in the same quarter of the previous year.

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