Standard Glass Lining Technology Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
SETL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Standard Glass Lining Technology Limited's board approved unaudited standalone and consolidated financial results for Q2 and H1 FY26 ended September 30, 2025. On a standalone basis, H1 FY26 revenue from operations rose about 20% year-on-year to Rs 12,002.97 lakhs and profit after tax jumped to Rs 2,344.31 lakhs from Rs 1,286.22 lakhs in H1 FY25. However, Q2 FY26 standalone revenue dipped to Rs 5,264.62 lakhs from Rs 6,738.35 lakhs in Q1 FY26, and PAT fell sharply to Rs 868.94 lakhs from Rs 1,475.67 lakhs. Consolidated H1 FY26 revenue grew about 16% YoY to Rs 35,585.81 lakhs while PAT grew about 15% to Rs 4,158.00 lakhs. The board also cleared a proposed change in the company's name and amendments to the MoA/AoA, subject to shareholder approval via postal ballot (record date November 7, 2025). Separately, the company signed a term sheet on November 3, 2025 to acquire 51% of C2C Engineering Private Limited, which would become a subsidiary upon completion. Of the Rs 23,224.50 lakhs in net IPO proceeds raised in January 2025, Rs 13,776.18 lakhs had been utilised by September 30, 2025, with Rs 9,448.32 lakhs still parked in term deposits.
Sequential slowdown in Q2 standalone revenue and profit, along with negative consolidated operating cash flow of Rs 409.80 lakhs in H1 FY26, may temper near-term sentiment. The proposed C2C Engineering acquisition and ongoing subsidiary expansion could support future growth but introduce integration risk.