Asian Granito India Triples Profit Amid Strong Market Demand

Asian Granito India, a prominent bathware and tiles manufacturer, has announced a significant rise in its consolidated profit, reaching Rs 4.45 crore for the December quarter of FY26. This marks a threefold increase compared to the Rs 1.13 crore profit reported in the same period the previous year, as revealed in the company's latest regulatory filing.

The company's revenue from operations climbed to Rs 268.42 crore, a 4.04% increase from the Rs 257.98 crore earned in the corresponding quarter last year. This improvement is attributed to a robust performance, driven by heightened sales and enhanced operational efficiency, according to Asian Granito India's earnings statement.

Managing Director Mukesh Patel highlighted the company's successful launch of new products, contributing to an optimistic outlook for further growth in sales. Patel also noted that the reduction of tariffs on Indian ceramic products to the US market offers a promising opportunity, with the US accounting for nearly 9% of India's ceramic tile exports in FY24.