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Incorporated in 2016, MCON Rasayan India is in the business of manufacturing, marketing, and selling modern building materials and construction chemicals.
MCON seeks shareholder approval for Whole Time Director Nandan Pradhan's Rs 3.1 lakh/month remuneration. The company reported FY25 turnover of Rs 50.75 Cr and profit of Rs 2.27 Cr, expecting 25% annual turnover growth.
MCON's board put forward for shareholder approval Whole-Time Director Nandan Pradhan's monthly remuneration of ₹3.10 lakh. FY25 saw turnover of ₹50.75 Cr and profit of ₹2.27 Cr. The company projects 25% annual turnover growth.
MCON Rasayan reports strong Q3 FY26 business post-monsoon. Revenue jumped 23% YoY to ₹42.39 Cr, driven by tile adhesives & waterproofing. Company expanded distribution with 7 FOCO models and 97 new dealers/distributors. Launched 6 new SKUs, including patented 'Curing Free Ready Mix Plaster'. Management anticipates a stronger Q4.
MCON Rasayan reported preliminary Q1 FY26 revenue of ₹13 Cr, demonstrating resilience despite a strong monsoon. The company achieved low double-digit year-on-year growth, driven by waterproofing and admixture products. Key operational strides include establishing 7 FOCO model partnerships for asset-light expansion and onboarding over 50 new distributors and dealers. MCON...