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This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →

GSLSUBSEGLOBAL SURFACES LIMITED· Consumer DurablesMediumNeutral
Announced Tue, 11 Aug, 2026 · 13:02 IST

Corrigendum to Q1 FY27 consolidated results - expense line items reclassified

Revenue declinedEBITDA margin expansionResults View source PDFExplain this filing

GSLSU · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+4.2%Reaction day
₹27.01
prior close
₹28.15
announcement price
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Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+4.4% vs market
Granites & Marbles peers, median of 7sector-0.7%+5.0% vs sector

On the reaction day the stock moved 4.4 pts more than Nifty Microcap 250 and 5.0 pts more than its Granites & Marbles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Global Surfaces filed a corrigendum to its Q1 FY27 (quarter ended June 30, 2026) unaudited consolidated results, correcting a clerical error where Cost of materials consumed and Changes in inventories of finished goods figures were swapped. Cost of materials consumed corrected from Rs 410.97 million to Rs 224.31 million; inventory changes corrected from negative Rs 89.59 million to Rs 97.07 million. Total expenses remain unchanged at Rs 651.27 million. Company confirms no impact on revenue, profit, EPS or any other financial parameter.

Likely market impact

No financial impact - purely a reclassification between two expense line items. Totals, profit and EPS stay the same. Should not affect stock price or shareholder value.

By the numbersConsolidated · Q1 FY27 vs Q1 FY26
Q1 FY27Q1 FY26Change
Revenue₹65.42 Cr₹74.50 Cr−12.2%
Operating profit₹0.29 Cr−₹0.11 Crturned positive
Profit after tax₹0.06 Cr−₹0.57 Crturned positive
EBITDA margin12.7%10.7%+2.1 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.