Q1 FY27 Results: Revenue up 20 percent, PAT nearly doubles
GLOSTERLTD · price
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On the reaction day the stock moved 5.3 pts less than Nifty Microcap 250 and 5.4 pts less than its Paper Forest & Jute Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Gloster Limited posted Q1 FY27 results with standalone revenue at Rs 29,187 lakhs (up about 20 percent YoY from Rs 24,286 lakhs) and standalone profit at Rs 1,010 lakhs versus Rs 538 lakhs last year. Consolidated revenue rose to Rs 37,840 lakhs from Rs 30,563 lakhs, with consolidated PAT at Rs 821 lakhs versus Rs 300 lakhs. Jute Goods segment drove growth. New auditor Singhi and Co has replaced the predecessor whose prior year review carried a modified conclusion.
Strong double-digit revenue and profit growth, led by the Jute Goods segment. New auditor and pending trademark case are items to watch.