A fair growth of 6.91% in the revenue at Rs. 425.28 millions was reported in the December 2019 quarter as compared to Rs. 397.79 millions during year-ago period.A radical decline of -84.15% was reported in the net profit of the company for the quarter ended December 2019 to Rs. 6.60  millions from Rs. 41.64 millions.The company reported a degrowth in operating Profit to 49.63 millions from 74.18 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 425.28 397.79 6.91 1341.09 1254.70 6.89 1724.36 2007.21 -14.09 Other Income 10.65 42.91 -75.18 13.37 47.44 -71.82 20.67 12.48 65.63 PBIDT 49.63 74.18 -33.10 164.17 175.74 -6.58 258.52 137.82 87.58 Interest 15.49 11.19 38.43 43.66 36.80 18.64 50.71 38.46 31.85 PBDT 34.14 62.99 -45.80 120.51 138.94 -13.26 207.81 99.36 109.15 Depreciation 29.07 20.51 41.74 76.97 61.54 25.07 82.54 86.50 -4.58 PBT 5.07 42.48 -88.06 43.54 77.40 -43.75 125.27 12.86 874.11 TAX -1.53 0.84 -282.14 12.12 15.03 -19.36 28.16 1.14 2370.18 Deferred Tax -5.90 -8.53 -30.83 7.75 -6.28 -223.41 -8.02 -4.27 87.82 PAT 6.60 41.64 -84.15 31.42 62.37 -49.62 97.11 11.73 727.88 Equity 153.00 153.00 0.00 153.00 153.00 0.00 153.00 153.00 0.00 PBIDTM(%) 11.67 18.65 -37.42 12.24 14.01 -12.60 14.99 6.87 118.34

With no major difference for the quarter endedSeptember 2019 , the total revenue stood at Rs. 433.03  millions.The company reported a drastic decline of -85.53% in the quarter ended September 2019 to Rs. 0.77  millions from Rs. 5.32 millions  .Operating Profit reported a sharp decline to 45.40 millions from 45.56 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 433.03 419.41 3.25 915.81 856.91 6.87 1724.36 2007.21 -14.09 Other Income 1.32 3.08 -57.14 2.72 4.53 -39.96 20.67 12.48 65.63 PBIDT 45.40 45.56 -0.35 114.53 101.56 12.77 258.52 137.82 87.58 Interest 14.37 13.57 5.90 28.17 25.61 10.00 50.71 38.46 31.85 PBDT 31.03 31.99 -3.00 86.36 75.95 13.71 207.81 99.36 109.15 Depreciation 26.50 20.51 29.21 47.90 41.03 16.74 82.54 86.50 -4.58 PBT 4.53 11.49 -60.57 38.46 34.93 10.11 125.27 12.86 874.11 TAX 3.76 6.17 -39.06 13.65 14.19 -3.81 28.16 1.14 2370.18 Deferred Tax 14.26 2.14 566.36 13.65 2.25 506.67 -8.02 -4.27 87.82 PAT 0.77 5.32 -85.53 24.81 20.74 19.62 97.11 11.73 727.88 Equity 153.00 153.00 0.00 153.00 153.00 0.00 153.00 153.00 0.00 PBIDTM(%) 10.48 10.87 -3.51 12.51 11.85 5.52 14.99 6.87 118.34

Revenue reduced marginally to stand at Rs. 469.66 millions during the quarter ended March 2019. The figure stood at Rs. 491.84 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 883.24% to Rs. 34.61  millions  from Rs. 3.52 millions in previous same quarter.The company reported a good operating profit of 82.76 millions compared to 36.92 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 469.66 491.84 -4.51 1724.36 2007.21 -14.09 1724.36 2007.21 -14.09 Other Income 10.46 1.58 562.03 20.67 12.48 65.63 20.67 12.48 65.63 PBIDT 82.76 36.92 124.16 258.52 137.82 87.58 258.52 137.82 87.58 Interest 13.92 11.17 24.62 50.71 38.46 31.85 50.71 38.46 31.85 PBDT 68.84 25.75 167.34 207.81 99.36 109.15 207.81 99.36 109.15 Depreciation 21.00 20.93 0.33 82.54 86.50 -4.58 82.54 86.50 -4.58 PBT 47.84 4.82 892.53 125.27 12.86 874.11 125.27 12.86 874.11 TAX 13.23 1.30 917.69 28.16 1.14 2370.18 28.16 1.14 2370.18 Deferred Tax -1.63 -1.17 39.32 -8.02 -4.27 87.82 -8.02 -4.27 87.82 PAT 34.61 3.52 883.24 97.11 11.73 727.88 97.11 11.73 727.88 Equity 153.00 153.00 0.00 153.00 153.00 0.00 153.00 153.00 0.00 PBIDTM(%) 17.62 7.51 134.75 14.99 6.87 118.34 14.99 6.87 118.34

Aro Granite Industries is currently trading at Rs. 56.00, up by 2.75 points or 5.16% from its previous closing of Rs. 53.25 on the BSE.The scrip opened at Rs. 58.35 and has touched a high and low of Rs. 59.70 and Rs. 55.40 respectively. So far 2005 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 79.70 on 19-Jan-2018 and a 52 week low of Rs. 49.00 on 09-Oct-2018.Last one week high and low of the scrip stood at Rs. 59.70 and Rs. 52.00 respectively. The current market cap of the company is Rs. 81.47 crore.The promoters holding in the company stood at 41.06%, while Institutions and Non-Institutions held 1.11% and 57.82% respectively.Aro Granite Industries has received approval for installation of a new Plant for manufacturing Quartz. The new Quartz Plant, (Engineering Stone) with an installed capacity of 180,000 sq. mtrs. will be setup in the existing unit at Hosur in the state of Tamil Nadu, by constructing a new Shed of 7,600 Sq. Mtrs.The total project outlay will be approximately Rs 31 crore which will be met out of internal accruals and supplier credit. The machine line will be imported from China and the payment will be made in instalments within an overall repayment period of 720 days. The commercial production is expected to commence during Q4 FY2019-20. The Board of Directors of the Company at its meeting held on January 19, 2019 has approved the same.Aro Granite Industries is engaged in the business of granite tiles and slabs. The company offers granite slabs in various colors, such as regular, Indian and international colors.

The sales declined to Rs. 397.79 millions for the December 2018 quarter as compared to Rs. 457.31 millions during the corresponding quarter last year.The company almost doubled its revenue to Rs. 41.65 millions  from Rs. 1.40 millions in the quarter ended December 2018.Operating profit for the quarter ended December 2018 rose to 74.19 millions as compared to 34.50 millions of corresponding quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 397.79 457.31 -13.02 1254.70 1515.37 -17.20 2007.21 2386.52 -15.89 Other Income 42.91 1.51 2741.72 47.44 10.90 335.23 12.48 13.32 -6.31 PBIDT 74.19 34.50 115.04 175.75 100.90 74.18 137.82 306.76 -55.07 Interest 11.19 10.07 11.12 36.80 27.29 34.85 38.46 51.98 -26.01 PBDT 63.00 24.43 157.88 138.95 73.61 88.77 99.36 254.78 -61.00 Depreciation 20.51 22.39 -8.40 61.54 65.56 -6.13 86.50 90.95 -4.89 PBT 42.49 2.04 1982.84 77.42 8.05 861.74 12.86 163.83 -92.15 TAX 0.84 0.64 31.25 15.03 -0.16 -9493.75 1.14 37.60 -96.97 Deferred Tax -8.53 0.43 -2083.72 -6.28 -3.10 102.58 -4.27 -2.02 111.39 PAT 41.65 1.40 2875.00 62.39 8.21 659.93 11.73 126.23 -90.71 Equity 153.00 153.00 0.00 153.00 153.00 0.00 153.00 153.00 0.00 PBIDTM(%) 18.65 7.54 147.22 14.01 6.66 110.37 6.87 12.85 -46.58

A decrease in the sales to Rs. 437.50 millions was observed for the quarter ended June 2018. The sales stood at Rs. 552.49 millions during the similar quarter previous year.The Net Profit of the company vaulted to 400.65% to Rs. 15.42  millions from Rs. 3.08 millions in the previous quarter.Operating profit for the quarter ended June 2018 rose to 56.00 millions as compared to 34.50 millions of corresponding quarter ended June 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 437.50 552.49 -20.81 437.50 552.49 -20.81 2007.21 2386.52 -15.89 Other Income 1.45 7.48 -80.61 1.45 7.48 -80.61 12.48 13.32 -6.31 PBIDT 56.00 34.50 62.32 56.00 34.50 62.32 137.82 306.76 -55.07 Interest 12.04 8.17 47.37 12.04 8.17 47.37 38.46 51.98 -26.01 PBDT 43.96 26.33 66.96 43.96 26.33 66.96 99.36 254.78 -61.00 Depreciation 20.52 21.50 -4.56 20.52 21.50 -4.56 86.50 90.95 -4.89 PBT 23.44 4.83 385.30 23.44 4.83 385.30 12.86 163.83 -92.15 TAX 8.02 1.75 358.29 8.02 1.75 358.29 1.14 37.60 -96.97 Deferred Tax 0.11 -0.46 -123.91 0.11 -0.46 -123.91 -4.27 -2.02 111.39 PAT 15.42 3.08 400.65 15.42 3.08 400.65 11.73 126.23 -90.71 Equity 153.00 153.00 0.00 153.00 153.00 0.00 153.00 153.00 0.00 PBIDTM(%) 12.80 6.24 104.98 12.80 6.24 104.98 6.87 12.85 -46.58

The sales for the March 2018 quarter moved down to Rs. 491.84 millions as compared to Rs. 563.21 millions during the year-ago period.Net Profit for the quarter ended March 2018 dipped to Rs. 3.52  millions from Rs. 15.17 millions  in the corresponding previous quarter.The Operating Profit of the company witnessed a decrease to 36.92 millions from 59.17 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201703 201603 % Var Sales 491.84 563.21 -12.67 2007.21 2386.52 -15.89 2386.52 2155.88 10.70 Other Income 1.58 5.42 -70.85 12.48 13.32 -6.31 13.32 11.77 13.17 PBIDT 36.92 59.17 -37.60 137.81 306.76 -55.08 306.75 211.20 45.24 Interest 11.17 11.91 -6.21 38.46 51.98 -26.01 51.98 52.18 -0.38 PBDT 25.75 47.26 -45.51 99.35 254.78 -61.01 254.77 159.02 60.21 Depreciation 20.93 25.37 -17.50 86.49 90.95 -4.90 90.95 91.21 -0.29 PBT 4.82 21.89 -77.98 12.87 163.83 -92.14 163.83 67.82 141.57 TAX 1.30 6.72 -80.65 1.14 37.59 -96.97 37.60 9.21 308.25 Deferred Tax -1.17 0.17 -788.24 -4.27 -2.03 110.34 0.00 0.00 0.00 PAT 3.52 15.17 -76.80 11.73 126.24 -90.71 126.23 58.61 115.37 Equity 153.00 153.00 0.00 153.00 153.00 0.00 153.00 153.00 0.00 PBIDTM(%) 7.51 10.51 -28.55 6.87 12.85 -46.59 12.85 9.80 31.20

The sales declined to Rs. 505.57 millions for the September 2017 quarter as compared to Rs. 637.62 millions during the corresponding quarter last year.A big loss of -88.79% reported for the quarter ended September 2017 to Rs. 3.73  millions from Rs. 33.28 millions.A decline of 31.90 millions was observed in the OP in the quarter ended September 2017 from 82.17 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 505.57 637.62 -20.71 1058.06 1308.97 -19.17 2386.52 2155.88 10.70 Other Income 1.91 0.41 365.85 9.39 3.16 197.15 13.32 11.77 13.17 PBIDT 31.90 82.17 -61.18 66.39 181.25 -63.37 306.75 211.20 45.24 Interest 9.05 16.01 -43.47 17.22 28.59 -39.77 51.98 52.18 -0.38 PBDT 22.85 66.16 -65.46 49.17 152.66 -67.79 254.77 159.02 60.21 Depreciation 21.67 21.85 -0.82 43.17 43.70 -1.21 90.95 91.21 -0.29 PBT 1.18 44.31 -97.34 6.01 108.96 -94.48 163.83 67.82 141.57 TAX -2.55 11.03 -123.12 -0.80 25.64 -103.12 37.60 9.21 308.25 Deferred Tax -3.07 -0.72 326.39 -3.53 0.34 -1138.24 0.00 0.00 0.00 PAT 3.73 33.28 -88.79 6.81 83.32 -91.83 126.23 58.61 115.37 Equity 153.00 153.00 0.00 153.00 153.00 0.00 153.00 153.00 0.00 PBIDTM(%) 6.31 12.89 -51.04 6.27 13.85 -54.68 12.85 9.80 31.20

A decrease in the sales to Rs. 552.49 millions was observed for the quarter ended June 2017. The sales stood at Rs. 671.35 millions during the similar quarter previous year.A radical decline of -93.84% was reported in the net profit of the company for the quarter ended June 2017 to Rs. 3.08  millions from Rs. 50.04 millions.A decline of 34.49 millions was observed in the OP in the quarter ended June 2017 from 99.08 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 552.49 671.35 -17.70 552.49 671.35 -17.70 2386.52 2155.88 10.70 Other Income 7.48 2.75 172.00 7.48 2.75 172.00 13.32 11.77 13.17 PBIDT 34.49 99.08 -65.19 34.49 99.08 -65.19 306.75 211.20 45.24 Interest 8.17 12.58 -35.06 8.17 12.58 -35.06 51.98 52.18 -0.38 PBDT 26.32 86.50 -69.57 26.32 86.50 -69.57 254.77 159.02 60.21 Depreciation 21.50 21.85 -1.60 21.50 21.85 -1.60 90.95 91.21 -0.29 PBT 4.83 64.65 -92.53 4.83 64.65 -92.53 163.83 67.82 141.57 TAX 1.75 14.61 -88.02 1.75 14.61 -88.02 37.60 9.21 308.25 Deferred Tax -0.46 1.06 -143.40 -0.46 1.06 -143.40 0.00 0.00 0.00 PAT 3.08 50.04 -93.84 3.08 50.04 -93.84 126.23 58.61 115.37 Equity 153.00 153.00 0.00 153.00 153.00 0.00 153.00 153.00 0.00 PBIDTM(%) 6.24 14.76 -57.69 6.24 14.76 -57.70 12.85 9.80 31.20

The revenue zoomed 12.59% to Rs. 563.21 millions for the quarter ended March 2017 as compared to Rs. 500.25 millions during the corresponding quarter last year.The Net Profit of the company registered a slight decline of -24.26% to Rs. 15.17  millions from Rs. 20.03 millions.A decline of 59.17 millions was observed in the OP in the quarter ended March 2017 from 59.64 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201703 201603 % Var Sales 563.21 500.25 12.59 2386.52 2155.88 10.70 2386.52 2155.88 10.70 Other Income 5.42 0.08 6675.00 13.32 11.77 13.17 13.32 11.77 13.17 PBIDT 59.17 59.64 -0.79 306.75 211.20 45.24 306.75 211.20 45.24 Interest 11.91 12.77 -6.73 51.98 52.18 -0.38 51.98 52.18 -0.38 PBDT 47.26 46.87 0.83 254.77 159.02 60.21 254.77 159.02 60.21 Depreciation 25.37 23.66 7.23 90.95 91.21 -0.29 90.95 91.21 -0.29 PBT 21.89 23.21 -5.69 163.83 67.82 141.57 163.83 67.82 141.57 TAX 6.72 3.18 111.32 37.60 9.21 308.25 37.60 9.21 308.25 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 15.17 20.03 -24.26 126.23 58.61 115.37 126.23 58.61 115.37 Equity 153.00 153.00 0.00 153.00 153.00 0.00 153.00 153.00 0.00 PBIDTM(%) 10.51 11.92 -11.88 12.85 9.80 31.20 12.85 9.80 31.20

Aro Granite Industries has informed that Kasturi Lal Arora has resigned from the Board of the Company with immediate effect.The above information is a part of company’s filings submitted to BSE.

Aro Granite Industries has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended September 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.