Madhav Marbles and Granites Ltd 2024 AR2
The report outlines the financial and operational performance of Madhav Marbles and Granites Limited for the fiscal year 2023-2024. Facing macroeconomic challenges and subdued export demand in the granite industry, the company recorded standalone revenue from operations of INR 399.01 million, down from INR 469.28 million in the previous year. To mitigate these challenges, the company focused on resource optimization, cost management, and leveraging its windmill power generation segment, which produced 5,942,038 units for captive consumption. Additionally, the company expanded its presence in the artificial stone market through its joint venture in Oman.
Company: Madhav Marbles and Granites Ltd
Sector: Mining & quarrying
Country: India
Year: 2024
Type: AR2
Pages: 137
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Madhav Marbles and Granites Ltd
Annual Report
The report outlines the financial and operational performance of Madhav Marbles and Granites Limited for the fiscal year 2023-2024. Facing macroeconomic challenges and subdued export demand in the granite industry, the company recorded standalone revenue from operations of INR 399.01 million, down from INR 469.28 million in the previous year. To mitigate these challenges, the company focused on resource optimization, cost management, and leveraging its windmill power generation segment, which produced 5,942,038 units for captive consumption. Additionally, the company expanded its presence in the artificial stone market through its joint venture in Oman.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees