Varmora Granito Q2 profit more than triples to ₹44 crore
In short
Varmora Granito said its quarterly profit rose to ₹44 crore and revenue increased 9%. The company also said premium products made up 87% of first-half revenue.
This is good for the tiles maker because margins improved and domestic sales grew. Exports fell, but the report does not say by how much.
What the reporting says
Varmora Granito reported quarterly results showing profit more than tripled to ₹44 crore and revenue rose 9%, while operating margins improved. The tiles maker said premium products accounted for 87% of first-half revenue, with domestic sales rising. Exports fell because of the West Asia conflict and higher freight costs, but the reporting does not quantify the export decline.
Why it matters
Varmora Granito reported Q2 results with profit more than tripling to ₹44 crore and revenue rising 9%, alongside better operating margins. The company said premium products made up 87% of first-half revenue and domestic sales increased. Exports were weaker because of the West Asia conflict and higher freight costs, but the size of that decline is not stated.