Glittek Granites returns to profit; operating cash flow stays negative
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.3 pts more than its Other Construction Materials peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved unaudited Q2 and half-year results for September 30, 2026. Q2 operating revenue was Rs 30 lakh versus nil, and profit after tax was Rs 5.29 lakh versus a Rs 40.18 lakh loss. Half-year revenue rose to Rs 30 lakh from Rs 4.68 lakh, and profit was Rs 18.95 lakh versus a Rs 34.60 lakh loss. Operating cash flow stayed negative at Rs 52.64 lakh. It bought 23,780 square metres of land in Gujarat for Rs 6.50 crore.
Profit recovery is positive, but negative operating cash flow and the Rs 6.50 crore land purchase raise cash usage and execution risks.