Solid Stone Company Ltd. — Interim / Quarterly Report 2025

Nov 14, 2025

Solid Stone Company Limited

The Dy. General Manager, BSE Limited, Corporate Relationship Dept. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001

November 14, 2025.

Dear Sir/Madam,

Sub: Outcome of Board Meeting

Submission of Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half year ended September 30, 2025 and Limited Review Report pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015

Ref: Scrip code no: 513699

Pursuant to Regulation 30 and 33 of SEBI {Listing Obligations and Disclosure Requirement) Regulations, 2015, we submit herewith Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half year ended September 30, 2025, which were approved by the 8oard of Directors of the Company at its meeting held today.

We are also enclosing herewith the Limited Review Reports of the Financial Results {Standalone and Consolidated) issued by M/s. Ashar & Co., LLP, Statutory Auditors of the company.

The financial results are also being made available on the website of the company at www.solid-stone.com and wi ll be published in the newspapers as required under the Listing Regulations.

The Meeting commenced at 15.30 p.m. and concluded at 16.30 p.m.

We request you to kindly take the same on record.

For Solid Stone Company Limited

Company Secretary and Compliance Officer ACS-22571

Encl: As Above

REGO. OFF : 1501 , Maker Chambers V, Nariman Point, Mumbai - 400 021 . (India) TEL. : (9122) 6611 5800 (100 Lines), FAX : 2282 6439 E-mail : solidgranites@gmail.com I solidstone@solid-stone.com www.solid-stone.com ROC - CIN : L26960MH1990PLC056449

Independent Auditor's Review Report on Unaudited Sta nda lone Financial Results for the Quarter and Half year ended 301 ^heptember, 2025 of the Company pur uant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To the Board of Directors of Solid tone Company Limited

• 1. We have reviewed the accompanying statement of standalone unaudited financia l results of SOLID STONE COMPANY LIMITED (" the Company") for the quarter and six months ended September 30, 2025 ("the Statement") being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listi ng Obligations and Disclosure Requirements) Regulations, 2015 as amended (the "Listing Regulations")
• 1. The Statement which is the responsibility of the Company's Management and has been 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" ("lnd AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant ru les issued thereunder and other accounting principles generally accepted in India and in compliance of with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 15. Our responsibility is to issue a report on these fi nancial statements based on our review.
• 1. We conducted our review in accordance with the Standard on Review Engagement (SRE) 24 10, "Review of Interim Financial Information pe1formed by the Jndependenl Auditor of the Entity" issued by the Institute of Cha11ered AccOLmtants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review of interim financia l infonnation consists of making inquiries, primarily of persons responsible for financi al 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 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that 111 ight be identified in an audi l. Accordingly, we do not express an audit opinion.
• 1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with appli cable [ndian Accounting Standards ('Ind AS'), prescribed under Section 133 of the Companies Act, 201 3, read with relevant rules issued thereunder and other recognized accounting practices and policies generally accepted in India, has not disclosed the infonnation required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

SOLID STONE COMPANY LIMITED
Regd. Office : 1501, Maker Chambers V, Nariman Point, Mumbai - 400 021.
CIN : 1.26960MH1990PLC056449 Webiste: www.solid-stone.com
Unaudited Standalone Financial Results for the Quarter and Half

						(Rs. in Lakhs) Except EPS Half Year ended
	Particulars		Ouarter ended				Year ended 31 Mar.2025
Sr. No.		30 Sep.2025 (Unaudited)	30 Jun. 2025 (Unaudited)	30 Sep.2024 (Unaudited)	30 Sep.2025 (Unaudited)	30 Sep.2024 (Unaudited)	(Audited)
ı	Revenue from operations (gross)	630.41	567.44	726.82	1,197.85	1,151.29	2,767.74
$\overline{2}$	Other Income	1.84	1.34	0.52	3.19	3.27	12.01
$\overline{\mathbf{3}}$	Total revenue (1+2)	632.25	568.78	727.34	1,201.04	1,154.56	2,779.75
4	Expenses
	(a) Cost of Raw Materials consumed	3.17	7.40	2.05	10.57	3.52	11.53
	(b) Purchase of Stock-in-Trade	391.71	391.20	362.69	782.91	770.09	1,585.77
	(c) Changes in inventories of finished goods and work in progress & stock in trade.	(0.17)	(55.49)	138.59	(55.66)	(62.39)	135.43
	(d) Employee benefits expenses	66.24	74.52	63.68	140.76	128.50	281.08
	(e) Finance Costs	53.29	44.91	45.46	98.20	96.51	195.85
	(f) Depreciation and amortisation expense	32.13	32.09	23.23	64.22	46.54	91.80
	(g) Other expenditure	64.91	68.23	52.26	133.14	127.89	352.10
	Total Expenses	611.28	562.85	687.97	1,174.13	1,110.66	2,653.56
5	Profit from Ordinary Activities before tax (3-4)	20.97	5.93	39.37	26.90	43.91	126.19
6	Exceptional items
7	Profit from Ordinary Activities before tax (5-6)	20.97	5.93	39.37	26.90	43.91	126.19
8	Tax Expense (including deferred tax & Earlier year adjustment)	8.87	0.84	8.76	9.71	8.90	39.60
	Current Tax	7.74	1.82	9.08	9.56	9.61	75.43
	Deferred Tax	1.13	(0.98)	(0.32)	0.16	(0.71)	(35.83)
9	Net Profit from Ordinary Activities after tax (7-8)	12.10	5.08	30.61	17.19	35.01	86.59
10	Extraordinary Item				¥.	Ξ÷
11 12	Net Profit for the period (PAT) Other comprehensive income	12.10	5.08	30.61	17.19	35.01	86.59
	(a) The items that will not be reclassified to profit & loss	(3.73)	(3.73)	(0.59)	(7.47)	(1.18)	(14.94)
	(b) The income tax relating items that will not be reclassified to profit & loss	0.94	0.94	0.15	1.88	0.30	3.76
13	Total comprehensive income (after tax) (OCI)	9.31	2.29	30.16	11.60	34.12	75.41
14	Paid-up equity share capital (face value of Rs. 10/-)	538.00	538.00	538.00	538.00	538.00	538.00
15	Earnings Per Share (EPS)
	Basic and diluted EPS for the period, for the year to date and for the previous vear (not annualized)	0.22	0.09	0.57	0.32	0.65	1.61

YA

	(Rs. in Lakhs)
Pa rticu la rs	30th	31st
	September,2025	March,2025
	(Unaudited)	(Audited)
ASSETS
(1) Non-Current Assets
(a) Property, Plant and Equipment	394.49	370.92
(b) Capital Work-in-Progress	-	-
(c) lnveshnent Property	-	-
(d) lntanRible Assets	0.25	0.34
(e) Financial Assets
(i) lnveshnents	94.63	94.63
(ii) Loans
(iii) Others fina ncial assets	91.69	90.74
(I) Deferred Tax Assets (Net)	69.87	68.14
(g) Other non-current assets	-
(2) Current Assets
(a) Inventories	3,096.67	3,041.14
(b) Financial Assets
(i) Investments	-	-
(ii) Trade Receivables	525.43	519.68
(iii) Cash a nd cash E <tu ivalents<="" td="">	6.50	6.48	6.50	6.48
(iv)Oank balances other than (iii) above	-	-
(v) Loans	5.57	14.03
(vi) Others financial assets	-
(c) Current Tax Assets (Net)	1.98	1.12
(d) Other current assets	1,038.62	1,064.92
TOTAL ASSETS	5,325.71	5,27214
EQUITY AND LIABILITI ES Equity
(a) Equity Share Capital	538.00	538.00
(b) Other Equity	1,714.98	1,703.38
(c) Non Controlling Interest	-	-
Total Equity	2,252.98	2,241.38
Liabilities
(1) Non-Current Liabilit.ics
(a) Financial Liabilities
(i) Borrowings	407.69	467.95
(ia) Lease Liabilities	160.60	120.43
(ii) Othe r financial liabilities (other than those specified in	-	-
provisions)
(b) Provisions	89.63	78.73
(c) Deferred Tax Liabilities (Net)	-	-
(d) Othe r non-current liabilities	-	-
(2) Current Liabilities
(a) Financial Liabilities
(i) Borrowings	1,321.78	1,264.94
(ia) Lease Liabilities	63.78	61.56
(ii) Trade Payables
A) Total outstand ing d ues of micro and small enterprises	396.09	243.10
lj) Total outstanding dues of creditors other than micro	58.52	164.74
and small rp ise~
(iii) Other Fin.rncial Liabilities (other than those specified	89.76	69.23
in provisions)
(b) Olher Curre nt Liabilities	423.81	508.92
(c) Provisions	5.42	4.76
(d) Current Tax Liabilities (Net)	55.66	46.40
Total Liabilities	3,072 73	3,030.76
		5,272.14
TOTAL EQUITY AND LIABILITIES	5,325.71

STATEMENT OF ASSETS AND LIABILfTJES (STANDALONE) AS AT

SOLID STONE COMP ANY LIMITED [ CIN : L26960MH1990PLC056449 J

CASH FLOW STATEMENT FOR THE YEAR ENDED 30TH SEPTEMBER 2025 (ST AND ALONE)

					(Rs. In Lakhsi
	Particulars	Half Year ended 30 Sept		Half Year ended 30 Sep
	A. CASH FLOW FROM OPERATING ACTIVITIES:	20		2024
	NET PROFIT BEFORE TAX		26.90		43.91
	Adjustment for :
	Deprecia tion	64.22		46.54
	Finance Cost (including fa ir value change in financial instruments)	88.78		95.23
	Interest Income	-0.89		--0.81
	Interest on Loans a t amortized cost	9.41		1.28
	Loss/ (Gain) on Sale of Fixet.l Assets
	Loss/ (Ga in) on Sale of Investments		161.53		142.24
	OPERATING PROFIT/(LOSS) BEFORE WORKING CAPITAL CHANGES		188.43		186.15
	(Increase) / Decrease in Trade receivables	-5.75		1.99
	(Increase) / Decrease in Loans (Financial assets)	8.46		-0.38
	(Increase) / Decrease in Other Financial assets
	(Increase)/ Decrease in Other Non Current Assets
	(Increase) / Decrease in Other Current Assets	25.35		136.66
	(Increase) / Decrease in Inventories	-55.54		-64.25
	Increase / (Decrease) in Trade Payables	46.77		82.22
	lnrease / (Decrease) in Other Current Financial liabili ties	21.41		20.60
	Increase / (Decrease) in Provisions	4.09		2.94
	lnrease I (Decrease) in Other Current liabilities	-85.11	-40.32	-146.24	33.53
	CASH GENERATED FROM OPERATIONS		148.11		219.68
	Direct Taxes paid		-1.16		-5.75
	NET CASH FROM OPERATING ACTIVITIES		146.95		213.93
B.	CASH FLOW FROM INVESTING ACTIVITIES
	Purchase of Fixed Asscls	-4.66		-2.72
	Proceeds from sale of Fixed Assets
	Proceeds from sale of Investments Fixed Deposits with Banks - (Adrution) I Redemption
	NET CASH USED JN INVESTING ACTIVITIES		-4.66		-2.72
	c. CASH ROW FROM FINANCING ACTIVITIES
	(Repayments) / Proceeds from Working Capita l FaciUties (Nel)	-18.93		-37.57
	Proceeds from /(Repayment ol) Term Loans	-60.26		-75.32
	Proceeds/(Repayment) of Unsecured Loans	75.77		49.40
	Finance Costs	-88.78		-95.23
	Lease Rent Paid	-50.07		-43.56
	NET CASH FROM FINANONG ACTIVITIES		-142.27		-202.28
	NET INCREASF/(DECREASE) IN CASH AND CASH		0.02		8.92
	EQUIVALENTS CASH AND CASH EQUIVALENTS AS AT 31ST MARCH, 2025		6.48		8.97
	CASH AND CASH EQUIV A LENTS AS AT 30TH SEPT, 2025		6.50		17.89
	Note: The above Cash Flow Statement has been prep.ueJ under the Indirect Method.

Notes
	l.TI1e financial results of the Company have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015, prescribed under Section 133 of the Companies Act, 2013, and other recognised accounting practices and policies to the extent applicable.
	2. The Company is primarily engaged in the business of natura l stones, building materials and allied building business activities, hence has only one reportable segment as per Ind-AS 108.
ncccssarv.	3. Previous year/ pe riod's figures have been regrouped and/or rearranged wherever considered
and half yea r ended 30 September, 2025.	4 . TI1e above results have been reviewed by the Audit Committee and approved by tJ1e Ooa rd of Directors at their meeting held on 14th November, 2025. The Statutory auditors of the Company have carried out a limited review of the above unaudited standalone financial results for the quarter
review report.	5. The statutory auditors have ca rried out limited review of the standalone unaudited financial results for the quarter and half year ended 30 September, 2025 and have issued an urunodified
on the stock cxc an~c website www.bscindia.com	6. TI1ese financial results are available on the Company's website http://www.solid-stone.com and
	~ ~ For Solid Stone Company Limited
	R;,
	Milan B . Khakhar
	Chairman & Managing Director

Date: 14 November, 2025

Independent Auditor's Review Report on Unaudited Consolidated Financial ResuJts fo r the Qua rter and Half year ended 30th September, 2025 of the Compa ny pursuant to Regulation 33 of the SEBI (Listing Obligations a nd Disclosure Requirements) Regulations, 2015 (as a mended)

To t he Board of Directors of Solid Stone Compa ny Limited

• l. We have reviewed the accompanying statement of consolidated unaudited financial results of SOLID STONE COMPANY LIMITED ("the Holding Company") and its associate (the holding company and its associate together referred to as "the Group") for the quarter and six months ended September 30, 2024 ("the Statement") being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (the "Listing Regulations")
• 1. The Statement is the responsibi lity of the Holding Company 's Management and approved by the Holding Company's Board of Directors has been prepared in accordance with the recognition and measurement principles laid down in the lndjan 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 the Regulation 33 of the Listing Regulations. Our responsibility is to issue a report on these financ ial statements based on our review.
• 1. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information p erformed by the Independent Auditor of the Entity " issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review of interim financ ial information consists of making inquiries, primarily of persons responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantiaJly l.ess in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the Circular No. CIR/CFD/CMDl/44/2019 dated March 29, 20 19 (the "Circular") issued by the Securities and Exchange Board of lndia under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 15 as amended, to the extent applicable.

1. The Statement includes results of fo llowing entity: Associate : Global Jnstile Solid Industries Limited

The Statement includes the unaudited interim financial results and other financial information of one associate whose interim financial results/information refl ects Group's share of Net Profit/ (Loss) after tax of Rs. (0. 18) Lakhs and Rs. (0.88) Lak.hs and Group's share in comprehensive income Rs. Nil and Rs. Nil for rhe quaner and six months ended

Ashar & Co LLP

Chartered Accountants

September 30, 2025 which has not been reviewed. These interim financial results and other financial infonnation have been certified by the Management. According to the infonnation and explanations given to us by the Management, these interim financial results and financial information are not material to the group. Our conclusion on the statement is not modified in respect of the above matter.

1. Based on our review conducted and procedures conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial resuJts prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 15 including the manner in which it is to be disclosed, or that it contains any material misstatement.

SOLID STONE COMPANY LIMITED
Regd. Office : 1501, Maker Chambers V, Nariman Point, Mumbai - 400 021.
CIN : L26960MH1990PLC056449 Webiste: www.solid-stone.com
Unaudited Consolidated Financial Results for the Quarter and Half

			Ouarter ended		Half Year ended	Year ended
Sr. No.	Particulars	30 Sep.2025	30 Jun. 2025	30 Sep.2024	30 Sep.2025	30 Sep.2024	31 Mar.2025
		(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
1	Revenue from operations (gross)	630.41	567.44	726.82	1,197.85	1,151.29	2,767.74
$\overline{2}$	Other Income	1.84	1.34	0.52	3.19	3.27	12.01
$\overline{\mathbf{3}}$	Total revenue (1+2)	632.25	568.78	727.34	1,201.04	1,154.56	2,779.75
$\ddot{4}$	Expenses
	(a) Cost of Raw Materials consumed	3.17	7.40	2.05	10.57	3.52	11.53
	(b) Purchase of Stock-in-Trade	391.71	391.20	362.69	782.91	770.09	1,585.77
	(c) Changes in inventories of finished goods and work in progress & stock in trade.	(0.17)	(55.49)	138.59	(55.66)	(62.39)	135.43
	(d) Employee benefits expenses	66.24	74.52	63.68	140.76	128.50	281.08
	(e) Finance Costs	53.29	44.91	45.46	98.20	96.51	195.85
	(f) Depreciation and amortisation expense	32.13	32.09	23.23	64.22	46.54	91.80
	(g) Other expenditure	64.91	68.23	52.26	133.14	127.89	352.10
	Total Expenses	611.28	562.85	687.97	1,174.13	1,110.66	2,653.56
5	Profit from Ordinary Activities before tax (3-4)	20.97	5.93	39.37	26.90	43.91	126.19
6	Share of (Loss) of Associates	(0.18)	(0.70)	(0.68)	(0.88)	(1.07)	(4.03)
$\overline{7}$	Profit before Exceptional items & Tax (5-6)	20.79	5.23	38.69	26.02	42.84	122.16
8	Exceptional items
o	Profit before tax (7-8)	20.79	5.23	38.69	26.02	42.84	122.16
10	Tax Expense (including deferred tax & Earlier year adjustment)	8.87	0.84	8.77	9.71	8.90	39.60
	Current Tax	7.74	1.82	9.08	9.56	9.61	75.44
	Deferred Tax	1.13	(0.98)	(0.32)	0.16	(0.71)	(35.83)
11	Net Profit from Ordinary Activities after tax (9-10)	11.92	4.38	29.93	16.31	33.93	82.56
12	Extraordinary Item		$\sim$
13	Net Profit After Tax (PAT)	11.92	4.38	29.93	16.31	33.93	82.56
14	Other comprehensive income
	(a) The items that will not be reclassified to profit & loss	(3.73)	(3.73)	(0.59)	(7.47)	(1.18)	(14.94)
	(b) The income tax relating items that will not be reclassified to profit & loss	0.94	0.94	0.15	1.88	0.30	3.76
15	Total comprehensive Income / (Loss) for the period after tax and Associate Share	9.13	1.59	29.48	10.72	33.05	71.38
16	Paid-up equity share capital (face value of Rs. 10/-)	538.00	538.00	538.00	538.00	538.00	538.00
17	Earnings Per Share (EPS)
	Basic and diluted EPS for the period, for the year to date and for the previous year (not annualized)	0.22	0.08	0.56	0.30	0.63	1.53

(Rs. in Lakhs) Except EPS

		STATEMENT OF ASSETS AND LIABILITIES (CONSOLIDATED) AS AT

Particulars	30th September, 2025 (Unaudited)	31st March, 2025 (Audited)
ASSETS
(1) Non-Current Assets
(a) Property, Plant and Equipment	394.49	370.92
(b) Capital Work-in-Progress
(c) Investment Property
(d) Intangible Assets	0.25	0.34
(e) Financial Assets
(i) Investments	90.83	91.71
(ii) Loans
(iii) Others financial assets	91.69	90.74
(f) Deferred Tax Assets (Net)	69.87	68.14
(g) Other non-current assets (2) Current Assets
(a) Inventories	3,096.67	3,041.14
(b) Financial Assets
(i) Investments
(ii) Trade Receivables	525.43	519.68
(iii) Cash and cash Equivalents	6.50	6.48
(iv)Bank balances other than (iii) above
$(v)$ Loans	5.57	14.03
(vi) Others financial assets
(c) Current Tax Assets (Net)	1.98	1.12
(d) Other current assets	1,038.62	1,064.92
TOTAL ASSETS	5,321.91	5,269.22
EQUITY AND LIABILITIES
Equity
(a) Equity Share Capital	538.00	538.00
(b) Other Equity	1,711.18	1,700.47
(c) Non Controlling Interest
Total Equity	2,249.18	2,238.47
Liabilities
(1) Non-Current Liabilities
(a) Financial Liabilities
(i) Borrowings	407.69	467.95
(ia) Lease Liabilities	160.60	120.43
(ii) Other financial liabilities (other than those specified in
provisions)
(b) Provisions (c) Deferred Tax Liabilities (Net)	89.63	78.73
(d) Other non-current liabilities
(2) Current Liabilities
(a) Financial Liabilities
(i) Borrowings	1,321.78	1,264.94
(ia) Lease Liabilities	63.78	61.56
(ii) Trade Payables
A) Total outstanding dues of micro and small enterprises	396.09	243.10
B) Total outstanding dues of creditors other than micro and small enterprises	58.52	164.74
(iii) Other Financial Liabilities (other than those specified	89.76	69.23
in provisions)
(b) Other Current Liabilities	423.81	508.92
(c) Provisions	5.42 55.66	4.76 46.40
(d) Current Tax Liabilities (Net)
Total Liabilities	3,072.73	3,030.76
TOTAL EQUITY AND LIABILITIES	5,321.91	5,269.22

$1DS$ m Ž

SOLID STONE COMPANY LIMITED I CIN : L26960MH1990PLC056449 (

CASH FLOW STATEMENT FOR THE YEAR ENDED 30TH SEPTEMBER 2025 (CONSOLIDATED)

		Half Year ended 30 Sept		(Rs. In Lakhs}
	Particulars	2025		Half Year ended 30 Sept 2024
	A. CASH FLOW FROM OPERATING ACTfVITIES:
	NET PROFIT BEFORE TAX		26.02		42.84
	Adjustment for:
	Depreciation	64.22		46.54
	Finance Cost (including fair value ch<1 nge in financial instruments)	88.78		95.23
	Interest Income	-0.89		-0.81
	Interest on Loans at amortized cost	9.41		1.28
	Ind AS Adjustment for Rent and Deposits
	Share of Loss of Associate	0.88		1.07
	Loss/ (Gain) on Sale of Investments		162.41		143.31
	OPERATING PROFIT/(LOSS) BEFORE WORKING CAPITAL CHANGES		188.43		186.15
	(Increase)/ Decrease in Trade receivables	-5.75		1.99
	(Increase) / Decrease in Loans (Financial assets)	8.46		-0.38
	(Increase)/ Decrease in Other Financial assets
	(Increase)/ Decrease in Other Non Current Assets
	(Increase)/ Decrease in Other Current Assets	25.35		136.66
	(Increase)/ Decrease in Invento ries	-55.54		-64.25
	Increase/ (Decrease) in Trade Payables	46.77		82.22
	lnrease / (Decrease) in Other Current Financial liabililies	21.41		20.60
	Increase/ (Decrease) in Provisions	4.09		2.94
	Jnrease / (D(>e rease) in Other Current liabilities	-85.11	-40.32	-146.24	33.53
	CASH GENERATED FROM OPERATIONS		148.11		219.68
	Direct Taxes paid		-1.16		-5.75
	NET CASH FROM OPERATING ACTIVITIES		146.95		213.93
B.	CASH FLOW FROM INVESTING ACTIVITIES
	Purchase of Fixed Assets	-4.66		-2.72
	Proceeds from sa le of Fixed Assets
	Proceeds from sale of Investments
	Fixed Deposits with Banks - (Addition)/ Redemption
	NET CASH USED IN INVESTING ACTIVITIES		-4.66		-2.72
	c. CASH FLOW FROM FINANCING ACTTVITIES
	(Repayments) / Proceeds from Working Capita l Facilities (Net)	-18.93		-37.57
	Proceeds from Borrowings	-60.26		-75.32
	Proceeds/(Rcpayment) of Unsecured Loans	75.77		49.40
	Finance Costs	-88.78		-95.23
	Lease Rent Paid	-50.07		-43.56
	NET CASH FROM FJNANCING ACTJVITIES		-142.27		-202.28
	NET INCREASE'/(DECREASE) IN CASH AND CASH		0.02		8.92
	EQUIVALENTS
	CASH AND CASH EQUIVALENTS AS AT 3IST MARCH, 2025		6.48		8.97
	CASH AND CASH EQUTV ALENTS AS AT 30TH SEPT, 2025		6.50		17.89
	Note: The above Cash Flow Statement hos been prepared under the

Indirect Method.

Notes other rt'Cognised accounting practices and policies to the extent applicable.	I.The financial results of the Group have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015, prescribed under Section 133 of the Companies Act, 2013, and
(Associate Company).	2. The Consolidated Financial Results includes Results of Global lnstile Solid Industries Limited
necessary.	3. Previous year/ period's figures have been regrouped and/ or rearranged wherever conside red
half year ended 30 September, 2025.	4. The above results have been reviewed by the Aud it Committee and approved by the Board of Directors at their meeting held on 14th November, 2025. The Statutory aud itors of the Company have carried out a limited review of the above unaudited consolida ted financial results for the quarter and
review report.	5. The statutory auditors have carried out limited review of the consolidated unaudited financial results of the group for the quarter and half year ended 30 September, 2025 and have issued an unmodified
the stock exchange website www.bseindia.com	6. These financia l results a re ava ilable on the Company's website http://www.solid-stone.com and on
	For Solid Stone Compan y Limited
	~ 'tl~ 6

Place: Mumbai DIN : 00394065 - -;