Outcome of the Board Meeting under Regulation 30 of the SEBI (LODR ) Regulations , 2015.
GLOTTIS · price
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Glottis Ltd reported audited standalone financials for FY2026 ending March 31. Revenue declined to ₹72,259 Lakhs from ₹94,117 Lakhs in FY2025, a fall of about 23% attributed to geopolitical disruptions in the Middle East impacting global shipping. PAT fell to ₹3,772 Lakhs from ₹5,615 Lakhs, down roughly 33%. EBITDA margin compressed to 6.86% from 8.32% in the prior year. The company completed its IPO in October 2025 raising ₹15,999.87 Lakhs (fresh issue). Statutory auditors issued an unmodified (clean) opinion. The board also approved appointments of new tax, transfer pricing, and internal auditors, and made changes to senior management personnel.
Revenue and profit both declined significantly year-on-year due to external factors affecting the logistics sector. While margins compressed and PAT fell sharply, the clean audit opinion and IPO proceeds provide some financial flexibility. Shareholders should monitor recovery prospects tied to Middle East geopolitical situation.