Mumbai, 18 July 2025:
ASI Industries Ltd., India’s leading natural stone mining and processing company, declared its unaudited financial results for the first quarter of FY2025–26, showing a consistent performance with strong profitability and steady operational growth.

Q1 FY26 Financial Performance

The company reported a net profit of ₹404.16 lakh, compared to ₹388.00 lakh in the corresponding quarter of the previous year. Total revenue stood at ₹3,420.64 lakh, supported by ₹2,949.31 lakh from operations and ₹471.33 lakh in other income.

The company’s expenditure during the quarter was ₹2,818.67 lakh, with major costs including:

• Employee benefits expense: ₹836.43 lakh

• Power and fuel: ₹696.81 lakh

• Other expenses: ₹1,092.08 lakh

• Finance costs: ₹65.67 lakh

• Depreciation & amortization: ₹112.82 lakh

Profit before tax was ₹601.97 lakh, and after tax adjustments (₹197.81 lakh including current and deferred tax), the final net profit stood at ₹404.16 lakh.

Dividend Announcement

In a positive move for shareholders, the Board has declared a dividend of ₹0.40 per equity share (of face value ₹1) for FY2024–25. The record date is 5th September 2025, with book closure scheduled from 6th to 12th September 2025.

79th Annual General Meeting

The 79th AGM of ASI Industries will be held on 12th September 2025 through video conferencing or other audio-visual means.

Key AGM matters include:

• Approval of financials

• Reappointment of Ms. Anita Jatia (DIN: 01068774) as Whole-time Director for a further three-year term effective 1st September 2025. She will be liable to retire by rotation and her reappointment is subject to shareholder approval.

Compliance and Governance Updates

The Board also approved:

• Appointment of Mr. Prabhat Maheshwari or, in his absence, Mr. Nirmal Gupta of M/s GMJ & Associates as Scrutinizer for conducting the e-voting and in-AGM voting process.

The Board Meeting was conducted on 18th July 2025 between 11:30 AM and 12:20 PM.

Auditor’s Review

A Limited Review was conducted by B. L. Ajmera & Co., Chartered Accountants. The auditors confirmed that there were no material misstatements in the unaudited financial results. Their opinion affirms that the results comply with Indian Accounting Standards (Ind AS) and SEBI’s Listing Regulations.

Segment Information

ASI Industries continues to operate solely in mining and processing of natural stone, reaffirming its niche market focus and operational strength in the sector.

Balance Sheet Highlights

• Equity Share Capital: ₹900.75 lakh

• Other Equity (Excluding Revaluation Reserve): ₹26,387.37 lakh

• EPS (Earnings per share): ₹0.45 per share for the quarter

Comparative Financials: Key Data

Outlook

With a strong financial position, low debt, and a focused strategy in the natural stone business, ASI Industries is expected to continue delivering value to shareholders. The dividend payout, stable earnings, and transparent governance underscore the company’s commitment to long-term growth and responsible management.

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