Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the quarterly commentary on standalone ....
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Glen Industries reported standalone revenue from operations of ₹4,673.57 lakhs for Q3 FY26, up 19.1% year-on-year from ₹3,923.19 lakhs in Q3 FY25. For the nine months ended December 31, 2025, revenue grew 15.4% to ₹14,232.37 lakhs, driven by consistent domestic growth and stable export performance. Domestic sales in Q3 FY26 stood at ₹3,318.80 lakhs while export sales contributed ₹1,354.77 lakhs. The company also shared updates on its IPO-funded project, confirming key milestones such as land conversion, land filling, regulatory approvals (CTE from West Bengal Pollution Control Board, Fire NOC), PEB structure contract award, and orders placed for long-delivery imported machinery. Management expressed confidence in continuing the growth momentum, supported by capacity expansion and introduction of new product lines.
The strong 19% YoY revenue growth, positive domestic trajectory, and confident management outlook are constructive for shareholders. Steady execution of the IPO-funded expansion project also lowers capacity-buildout risk and supports the medium-term growth story.