Carysil corrects annual report, highlights strong growth and strategic expansion

Carysil Limited announced a corrigendum to its annual report for fiscal year 2024-25 on September 16, 2025. The correction addresses a typographical error on Page 249, Item 13 (Reimbursement of Expenses), where figures intended to be in lakhs were incorrectly presented as crores. The company stated this correction does not impact its audited financial statements or other disclosures.

The company reported strong financial performance for FY 2024-25, with consolidated total income reaching ₹819.9 Crores, an increase of 19.1% from the previous year. Consolidated profit after tax stood at ₹63.7 Crores, up 10.1% from FY 2023-24. Sales volume for Quartz Sinks grew by 14% to 6.45 Lakh units, and Stainless Steel Sinks saw a 22% increase to 1.55 Lakh units. Kitchen appliances, F&F, and others experienced an impressive 170% growth, reaching 63.2K units.

Carysil also noted significant strategic progress, including expanding its dealer network from 1,500 to over 4,000, and a positive EBITDA turnaround for its US subsidiary, United Granite LLC, to ₹1.2 Crores from a ₹1.3 Crores loss in 2023–24. The company aims for full profitability in the US by FY 2025–26 and anticipates strong domestic and export market performance.