As per attachment
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Glittek Granites reported Q1 FY26 results with revenue from operations of just Rs. 4.68 lakhs, sharply lower than Rs. 103.97 lakhs in the same quarter last year — a steep drop of around 95% year-on-year. Other income was negligible at Rs. 0.67 lakhs, compared to Rs. 3,120.73 lakhs in the preceding quarter (Q4 FY25), which had boosted total income to Rs. 3,151.67 lakhs. Profit after tax for Q1 FY26 stood at Rs. 5.28 lakhs (EPS Rs. 0.02), a turnaround from a loss of Rs. 314.84 lakhs in Q1 FY25, though only because expenses were kept low (total Rs. 65.02 lakhs). The statutory auditor GRV & PK issued an unmodified limited review report with no qualifications.
The near-total collapse in core operating revenue is a serious red flag for shareholders, suggesting weak business activity or one-off issues in the quarter. Despite a small reported profit, the lack of meaningful operating income means the stock could see negative sentiment unless the company explains and reverses this trend.