Outcome of Board Meeting - Declaration of Audited Financial Results for the quarter and year ended 31.03.2026
GLOSTERLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gloster Limited reported strong audited results for FY26. Standalone revenue grew 45% to Rs. 90,686 lakhs from Rs. 62,668 lakhs, while consolidated revenue nearly doubled to Rs. 1,42,673 lakhs from Rs. 73,478 lakhs. Standalone profit after tax surged 189% to Rs. 3,876 lakhs (EPS Rs. 35.42) versus Rs. 1,344 lakhs (EPS Rs. 12.69) in FY25. On consolidated basis, the company turned profitable at Rs. 1,437 lakhs PAT from a loss of Rs. 1,335 lakhs previously. The board recommended a 200% dividend (Rs. 20 per share). The auditor issued an unmodified (clean) opinion. Note 6 draws attention to a trademark ownership dispute at subsidiary Fort Gloster pending legal resolution. A scheme of amalgamation of two wholly-owned subsidiaries with Gloster Limited is pending NCLT approval.
Strong financial performance with near-doubling of consolidated revenue and return to profitability indicates operational strength, particularly in the jute goods segment. The clean audit opinion and dividend declaration are positive signals for shareholders.