Financial Highlights
- Quartz business continues to perform well; revenue growth of 98% over Q2FY21 Demand momentum for Quartz products remains strong; logistical hurdles continue to persist Performance of Granite and Apparel business remains soft.
- Granite business – Operating environment remains challenging; focused on preserving profitability over growth
- Quartz business – Strong demand continues to drive revenue momentum – positive response for new products supply side challenges – container unavailability & freight cost weighing in on profitability
- Apparel business – Efforts directed towards improving efficiencies and containing losses