Outcome of Board Meeting

Tiles• Marble• Quartz• Bathware Date: 03 November, 2026 To, To, Corporate Relations Department Corporate Relations Department BSE Limited National Stock Exchange of India Limited 2nd floor, P.J. Tower, Exchange Plaza, Plot No. C/1, G-Block Dalal Streets Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai- 400 051 Company Code: 532888 C o m p a n y C o d e : A S I A N T I L E S Dear Sir/ Madam, Subject: Outcome of Board Meeting dated 03 November, 2026 Ref.: Disclosure pursuant to Regulation 30 and 33 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 With reference to the captioned subject, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. 03 November, 2026 which commenced at 03:30 P.M. and concluded at 05:15 P.M. has, inter- alia, considered and approved Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended on 30 September, 2026 together with the Limited Review Reports of the Statutory Auditors of the Company. This is pursuant to Regulation 33 (3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The copies of the same are enclosed herewith. The financial results mentioned have been uploaded to the Company's website at www.aglasiangranito.com. You are requested to kindly take on your record. Thanking You. Yours truly, For Asian Granito India Limited Dhruti Trivedi Company Secretary and Compliance Officer Encl.: As above Asian Granito India Ltd. Regd. & Corp. Office: 202, Dev Arc. Opp. lskcon Temple, •Tel: +91 79 66125500/698 • PAN No.: AAFCA2340H • CIN: L17110GJ1995PLC027025 S.G. Highway, Ahmedabad -380 015. Gujarat, INDIA. • E-mail: info@aglasiangranito.com • www.aglasiangranito.com RR S & ASSOCIATES CHARTERED ACCOUNTANTS INDEPENDENT AUDITOR'S REVIEW REPORT ON THE INTERIM STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF ASIAN GRANITO INDIA LIMITED 1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of ASIAN GRANITO INDIA LIMITED ("the Company"), for the quarter and half year ended September 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (" the Listing Regulations") 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that mi ht be identified in an audit. Accordingly, we do not express an audit opinioni · ?:>i~;_o)c✓,~ ''.- 'o' '; ft<N NO- ~ \ I , N AHMEDABAD 106-8, Highway Rose Society, A/306, Mondeal Square, Nr. Karnavati Club, Sant Janabai Marg, Vile Parle (East), SG Highway Road, Prahlad Nagar Cross Road, Mumbai - 57. M.: 98241 04415 Ahmedabad-380 015. Ph. : 079-4006 3697 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurements principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We draw your attention to the Note 9 of the Standalone Financial Results that describes the search operation carried out by the Income Tax department at the Company's business premises on May 26th, 2022, pursuant to which various order have been received and the Company has filled appeal against such order. Pending finalization of appeals the impact of these matters on the Standalone Financial Results for the quarter and half year ended on September 30, 2026 and the adjustment (if any) required to these Standalone Financial Results, is presently not ascertainable. Our conclusion is not modified in respect of this matter. For R R S & Associates Chartered Accountants FRN No.: 118336W Raj a Partner Membership No. 0345 Date: 03/11/2026 Place: Ahmedabad ASIAN GRANITO INDIA LIMITED Regd. Office: 202, Dev Arc, Opp. lsckon Temple, S G Highway, Ahmedabad -380 015 Tll,..RS WOftt..D CIN No. :L17110GJ1995PLC027025 Wt t t.ffit ,f ,.t I ', . I ,■ , D ,, t ' tl rt ,t .H ttl • r; ■ STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER, 2026 (" in Lakhs) Quarter Ended Half Year Ended Year Ended 30 September, 30 June, 30 September, 30 September, 30 September, 31 March, Particulars 2026 2026 2025 (Restated) 2026 2025 (Restated) 2026 Refer Note 5 Refer Note 5 (Unaudited) (Unaudited) (Unaudited) (Audited) and 6 and 6 1 Revenue from Operations 26,094.95 27,776.57 27,242.42 53,871.52 53,206.08 1,09,506.59 2 Other Income (Refer Note 7) 41.24 61.00 552.16 102.24 1,148.55 256.79 3 Total Income (1 + 2) 26,136.19 27,837.57 27,794.58 53,973.76 54,354.63 1,09, 763.38 4 Expenses: a) Cost of Materials Consumed 1,546.94 1,292.19 1,022.85 2,839.13 1,891.68 4,071.68 b) Purchase of Stock-in-Trade 17,599.94 18,172.64 20,113.24 35,772.58 39,640.22 80,037.61 c) Change in Inventories of Finished Goods, Stock-in-Trade and Work-in- (769.53) 675.15 (551.27) (94.38) (425.14) 250.53 Progress d) Employee Benefit Expenses 2,324.25 2,149.98 2,518.25 4,474.23 4,573.57 8,348.62 e) Finance Costs 327.72 340.96 312.37 668.68 593.61 1,321.31 f) Depreciation and Amortisation 283.24 288.15 210.23 571.39 582.05 1,236.18 Expenses g) Power & Fuel Expense 2,574.80 2,046.00 1,360.69 4,620.80 2,345.96 4,782.02 h) Other Expenses 2,094.79 2,536.35 1,729.42 4,631.14 3,339.13 9,309.48 Total Expenses 25,982.15 27,501.42 26,715.78 53,483.57 52,541.08 1,09,357.43 5 Profit/ (Loss) Before Tax (3-4) 154.04 336.15 1,078.80 490.19 1,813.55 405.95 6 Tax Expense ( a ) Current Tax 20.44 105.05 247.27 125.49 364.43 13.22 ( b ) Earlier Year Tax - - - - - - ( c ) Deferred Tax 12.98 7.25 52.61 20.23 145.60 69.53 Total Tax Expense 33.42 112.30 299.88 145.72 510.03 82.75 7 Net Profit/ (Loss) for the period/ year 120.62 223.85 778.92 344.47 1,303.52 323.20 15-6) 8 Other Comprehensive Income (OCI) Items that will not be reclassified to profit or loss - Remeasurements of defined benefit 11.02 11.02 (4.25) 22.04 (8.51) 44.08 plans - Income Tax relating to above (2.78) (2.77) 1.07 (5.55) 2.14 (11.10) Total Other Comprehensive Income/ 8.24 8.25 (3.18) 16.49 (6.37) 32.98 (Loss) for the period/ year 9 Total Comprehensive Income for the 128.86 232.10 775.74 360.96 1,297.15 356.18 period/ year (7+8) 10 Paid up Equity Share capital ( face value 29,647.53 29,647.53 29,647.53 29,647.53 29,647.53 29,647.53 ~ 10 per sha [Showing first 8,000 characters — download PDF for full document]