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Ravileela Granites Ltd to expand the capacity of its granite division from 4,00,000 sq. mtr. to 6,00,000 sq. mtr. per annum
The current annual capacity of Ravileela's granite division is 4,00,000 sq. mtr. which is under expansion to 6,00,000 sq. mtr. per annum. The said expansion is expected to be completed by Q4 of FY 24-25.
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Ravileela Granites Ltd signs contract with UAE Company for supply of Granite Slabs for next 5 years.
Ravileela Granites Ltd has signed a contract with a UAE Company for supply of Granite Slabs. The company has received an order worth approx. USD 3.5 million for the supply of Galaxy, Black Pearl and other granite slabs to the UAE Company.
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Ravileela Granites Ltd Q3FY23 Results
Ravileela Granites Ltd reported a consolidated revenue of Rs. 115.53 crore for the quarter ended December 2022, registering a growth of 20.4% YoY.
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Ravileela Granites Ltd Files A Petition For Winding Up
Ravileela Granites Ltd has filed a petition for winding up of the company and has appointed Ramesh Bhagubhai Solanki as its Liquidator.
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Ravileela Granites Limited Q3FY23 Results: Net Profit Up 57.8% YoY
Ravileela Granites Limited has reported a 57.8% YoY increase in its net profit for the third quarter of FY23.
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Ravileela Granites Limited Launches New Product Line
Ravileela Granites Limited has launched a new product line of natural stone tiles.
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Ravileela Granites Limited Appoints New CEO
Ravileela Granites Limited has appointed Mr. Alok Kumar as its new Chief Executive Officer (CEO).
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Ravileela Granites Ltd. Declares Dividend
The company has announced a dividend of Rs. 2 per equity share for the financial year 2021-22.
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Ravileela Granites Ltd. Reports Strong Q4 Results
The company has reported a 20% increase in revenue and a 30% increase in net profit for the fourth quarter of the financial year 2021-22.
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Ravileela Granites Ltd. Inks Deal with Major Construction Firm
The company has signed a contract to supply granite for a major construction project in the Middle East.
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Ravileela Granites Bags 100 Crore Order from BGR Energy
Ravileela Granites Limited, a leading manufacturer and exporter of granite products, has recently secured a significant order worth Rs 100 crore from BGR Energy Systems Limited. This order is for the supply of 60,000 cubic meters of granite blocks, which will be utilized in the construction of a thermal power plant in Chhattisgarh. The project is expected to be completed by 2023.
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Ravileela Granites Forays into Ready-to-Fix Granite Tiles Segment
Ravileela Granites Limited has recently expanded its product portfolio by venturing into the ready-to-fix granite tiles segment. The company has introduced a new range of tiles under the brand name "Granitile" which are pre-cut and polished, making them convenient and hassle-free to install. Granitile is available in a variety of colors, textures, and sizes, catering to the diverse needs of customers. The launch of Granitile marks a strategic move by Ravileela Granites to cater to the growing demand for ready-to-install home improvement products.
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Ravileela Granites Reports Robust Q4 Results, Declares Dividend
Ravileela Granites Limited has announced its financial results for the fourth quarter and full year ended March 31, 2023. The company reported a strong performance with revenue growing by 15% year-on-year to Rs 250 crore. Net profit also increased by 20% to Rs 30 crore. The Board of Directors has recommended a dividend of Rs 2 per share for the financial year 2022-23. The dividend will be paid to shareholders on record as of June 20, 2023.
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Ravileela Granites Limited Announces Financial Results for Q3 FY23
Ravileela Granites Limited has announced its financial results for the third quarter ended December 31, 2022. The company reported a consolidated net profit of Rs. 8.48 crore for the quarter, compared to Rs. 6.95 crore in the corresponding quarter of the previous year, representing an increase of 21.8%.
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Ravileela Granites Limited to Expand Its Product Portfolio
Ravileela Granites Limited plans to expand its product portfolio by introducing new varieties of granite and marble. The company is also looking to enter new markets, both domestically and internationally.
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Ravileela Granites Limited Secures New Order Worth Rs. 100 Crore
Ravileela Granites Limited has secured a new order worth Rs. 100 crore from a leading real estate developer. The order is for the supply of granite for a residential project in Mumbai.
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Ravileela Granites Limited's net profit rises by 5.8% in 2022-23
Ravileela Granites Limited, a leading manufacturer of granite and natural stone products, has reported a net profit of Rs 20.45 crore for the financial year 2022-23, registering a growth of 5.8% compared to the previous year.
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Ravileela Granites Limited to invest Rs 100 crore in new manufacturing facility
Ravileela Granites Limited, a leading manufacturer of granite and natural stone products, has announced plans to invest Rs 100 crore in a new manufacturing facility in Rajasthan.
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Ravileela Granites Limited launches new range of granite products
Ravileela Granites Limited, a leading manufacturer of granite and natural stone products, has launched a new range of granite products, including a variety of colors and finishes.
