Oriental Trimex delivers stellar turnaround in FY25, revenue multiplies 4.5x in Q4

THEBUSINESSBYTES BUREAU

NEW DELHI, MAY 27, 2025

Oriental Trimex Ltd, a prominent name in India’s natural stone industry, has delivered a remarkable transformation in its business performance for the fourth quarter and full fiscal year ended March 31, 2025. The company has not only reversed previous losses but also reported an exponential growth in revenue, underscoring a successful strategic pivot and operational overhaul.

In Q4 FY25, Oriental Trimex posted a net profit of ₹5.97 crore, a striking recovery from the net loss of ₹6.43 crore recorded in Q4 FY24. Revenue from operations during the quarter surged over 453% to ₹16.66 crore, up from ₹3.01 crore in the same period last year, highlighting a strong resurgence in core business activities.

For the full fiscal year FY25, the company reported a net profit of ₹8.53 crore, compared to a loss of ₹6.48 crore in FY24. Annual revenue jumped 476% to ₹21.02 crore, as against ₹3.64 crore in the previous year, marking one of the most impressive turnarounds in the sector.

A cornerstone of this resurgence is Oriental Trimex’s recent acquisition of a 30-year black granite mining lease in Odisha, awarded by the state’s Steel and Mines Department. Covering nearly 5 hectares in Potteru village of Malkangiri District, the mining operation is expected to contribute ₹10–15 crore annually in revenue. The lease, formalized on May 21, 2025, is a strategic move aimed at achieving complete value chain integration — from quarrying to distribution — enhancing both resource control and cost efficiency.

“Our mining venture in Odisha not only strengthens our raw material base but also positions us for sustained profitability and long-term growth,” said a senior company spokesperson.

In parallel, Oriental Trimex is deepening its presence in the building materials market through its ‘Rare Earth’ vitrified tiles division. The company inaugurated its second showroom and warehouse in Greater Noida in April 2025, just fifteen months after its debut outlet. Located near the fast-developing Jewar Airport and Aerotropolis region, the new facility is strategically designed to meet rising demand for premium, marble-look tiles at accessible price points, targeting North India’s surging real estate and construction sectors.

Bolstering its expansion efforts, Oriental Trimex successfully raised ₹48.51 crore via a rights issue in September 2024. The funds have been channeled into enhancing marble processing capacity at its Tamil Nadu facility, developing the newly acquired granite quarry, fulfilling working capital needs, and addressing earlier financial obligations.

This multi-pronged growth strategy — spanning upstream mining, downstream retail expansion, and operational scaling — has not only reshaped Oriental Trimex’s financial trajectory but also solidified its position as a leader in the natural stone and building materials industry.