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Glittek Granites Q2 FY27 results: net profit ₹0.05 crore vs ₹0.40 crore loss
Glittek Granites Ltd reported standalone revenue of ₹0.30 crore in Q2 FY27, with EBITDA of ₹0.08 crore and an EBITDA margin of 25.7%. The company posted a net profit of ₹0.05 crore and basic EPS of ₹0.02, against a net loss of ₹0.40 crore in the year-ago quarter; profit was lower than in Q1 FY27.
Key points
- Standalone revenue was ₹0.30 crore in Q2 FY27, up ₹0.30 crore from Q2 FY26.
- EBITDA was ₹0.08 crore, compared with a loss of ₹0.63 crore in Q2 FY26; the EBITDA margin was 25.7%.
- Net profit was ₹0.05 crore, against a net loss of ₹0.40 crore in Q2 FY26, while basic EPS was ₹0.02.
- H1 FY27 revenue was ₹0.30 crore, against ₹0.05 crore in H1 FY26, and the company reported a net profit of ₹0.19 crore.
- The reaction-day stock move was 5.0%, and the stock was up 8.1% from the pre-results close by the next day’s close.
How did Glittek Granites perform in Q2 FY27?
Glittek Granites reported standalone revenue of ₹0.30 crore in Q2 FY27, against ₹0 crore in Q2 FY26 and Q1 FY27. EBITDA was ₹0.08 crore at a 25.7% margin, compared with a loss of ₹0.63 crore in Q2 FY26 and a loss of ₹0.16 crore in Q1 FY27. The figures are on a standalone basis; the filing does not give a consolidated comparison.
Profit before tax was ₹0.05 crore in Q2 FY27, compared with a loss of ₹0.42 crore in Q2 FY26. Net profit was ₹0.05 crore, against a net loss of ₹0.40 crore a year earlier, but lower than ₹0.14 crore in Q1 FY27. Basic EPS was ₹0.02 in Q2 FY27, against ₹0.05 in Q1 FY27.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 0.30 | 0 | 0 | ||
| Other income | 0.03 | 0.33 | 0.23 | −87.0% | −90.9% |
| Total expenses | 0.27 | 0.16 | 0.65 | −58.5% | +68.8% |
| EBITDA | 0.08 | −0.16 | −0.63 | turned to profit | turned to profit |
| EBITDA margin | 25.7% | ||||
| Profit before tax | 0.05 | 0.17 | −0.42 | turned to profit | −70.6% |
| Tax | 0 | 0.03 | −0.02 | ||
| Net profit | 0.05 | 0.14 | −0.40 | turned to profit | −64.3% |
| EPS (₹) | 0.02 | 0.05 | −60.0% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Glittek Granites' costs and profit?
Total expenses fell ₹0.38 crore from ₹0.65 crore in Q2 FY26 to ₹0.27 crore in Q2 FY27. Employee cost decreased ₹0.14 crore, from ₹0.19 crore to ₹0.05 crore, while other expenses declined ₹0.26 crore, from ₹0.44 crore to ₹0.18 crore. Finance costs rose ₹0.04 crore, from ₹0.01 crore to ₹0.05 crore, and there was no exceptional item in either quarter.
Against Q1 FY27, total expenses increased ₹0.11 crore, from ₹0.16 crore to ₹0.27 crore. Other expenses rose ₹0.10 crore and finance costs rose ₹0.05 crore, while employee cost fell ₹0.03 crore. Other income declined ₹0.30 crore, from ₹0.33 crore to ₹0.03 crore, and tax expense fell ₹0.03 crore, from ₹0.03 crore to no tax expense. There was no exceptional item.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 0.05 | 0.19 | −0.14 | −73.7% |
| Finance costs | 0.05 | 0.01 | +0.04 | +400.0% |
| Depreciation | 0 | 0 | 0 | |
| Other expenses | 0.18 | 0.44 | −0.26 | −59.1% |
| Total expenses | 0.27 | 0.65 | −0.38 | −58.5% |
| Other income | 0.03 | 0.23 | −0.20 | −87.0% |
| Tax | 0 | −0.02 | +0.02 |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In H1 FY27, standalone revenue was ₹0.30 crore, up from ₹0.05 crore in H1 FY26, while total income was ₹0.66 crore against ₹0.95 crore. Profit before tax was ₹0.22 crore, compared with a loss of ₹0.35 crore, and net profit was ₹0.19 crore against a loss of ₹0.35 crore. H1 FY27 EPS was ₹0.07.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 0.30 | 0.05 | +500.0% |
| Profit before tax | 0.22 | −0.35 | turned to profit |
| Net profit | 0.19 | −0.35 | turned to profit |
| EPS (₹) | 0.07 |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
As of 30 September 2026, total assets were ₹11.19 crore, against ₹10.99 crore on 31 March 2026, and total equity was ₹11.13 crore against ₹10.94 crore. Cash declined from ₹6.59 crore to ₹5.56 crore, while borrowings remained ₹0 crore at both dates. Trade receivables were ₹0.35 crore and trade payables were ₹0.02 crore at the quarter end.
H1 FY27 operating cash flow was negative ₹0.53 crore, compared with negative ₹2.02 crore in H1 FY26. Investing cash flow was negative ₹0.45 crore, against positive ₹0.52 crore, while financing cash flow was negative ₹0.05 crore, compared with positive ₹0.79 crore. Capital expenditure was ₹0.06 crore in H1 FY27.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 11.19 | 10.99 |
| Total equity | 11.13 | 10.94 |
| Borrowings | 0 | 0 |
| Cash and equivalents | 5.56 | 6.59 |
| Inventories | 0 | 0 |
| Trade receivables | 0.35 | 0 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | −0.53 | −2.02 |
| Cash from investing | −0.45 | 0.52 |
| Cash from financing | −0.05 | 0.79 |
| Capital expenditure | 0.06 | 0 |
Source: Company's results filing (XBRL).
How has Glittek Granites done over the last 8 quarters?
Revenue rose to ₹0.30 crore in Q2 FY27 from the preceding quarter’s ₹0 crore. Net profit was ₹0.05 crore, down from ₹0.14 crore in Q1 FY27, and the EBITDA margin was 25.7%. Across the available history, revenue was highest at ₹0.47 crore in Q3 FY25, while profit peaked at ₹0.26 crore in Q4 FY26 and was lowest at a loss of ₹3.49 crore in Q3 FY25.
How did Glittek Granites shares react?
The filing appeared after market hours. From the price when it appeared, the stock rose 0.5% after 5 minutes, was unchanged after 15 minutes, and fell 0.8% after 30 minutes. It closed 5.0% higher on the reaction day, and by the next day’s close it was up 8.1% from the pre-results close.
| After the filing | Stock | Other Construction Materials median |
|---|---|---|
| 5 minutes | +0.5% | |
| 15 minutes | +0.0% | |
| 30 minutes | −0.8% | |
| Reaction day | +5.0% | −1.3% |
| Next day | +8.1% | +0.7% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 13 August 2026 | −2.0% |
| 21 May 2026 | −0.8% |
| 13 February 2026 | +5.0% |
| 10 November 2025 | +0.9% |
| 13 August 2025 | −1.9% |
| 14 August 2024 | −4.6% |
| 30 May 2024 | +2.6% |
Source: MarketPing price-reaction measurement.
How did other Other Construction Materials companies do?
Five other Other Construction Materials companies were compared for revenue growth. Their median revenue growth was 17.5%, while Glittek Granites’ revenue rose from ₹0 crore to ₹0.30 crore. Among the peers whose revenue growth was available, the supplied data does not state how many grew slower or faster than Glittek Granites.
Eight peers were compared for profit, and seven reported higher profit. The peer data was available as of 4 November 2026.
| Glittek Granites revenue growth (YoY) | not comparable |
|---|---|
| Median of 5 other Other Construction Materials companies | +17.5% |
| Companies whose net profit rose | 7 of 8 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Glittek Granites' revenue in Q2 FY27?
Revenue from operations was ₹0.30 crore, against ₹0 crore in Q2 FY26 (standalone).
Did Glittek Granites make a profit in Q2 FY27?
Yes. Net profit was ₹0.05 crore, against a net loss of ₹0.40 crore in Q2 FY26.
What was Glittek Granites' EPS in Q2 FY27?
Basic earnings per share were ₹0.02.
How did Glittek Granites shares react to the Q2 FY27 results?
On the reaction day the stock moved +5.0% from the previous close; the median Other Construction Materials stock moved −1.3%.
When did Glittek Granites announce its Q2 FY27 results?
On 29 October 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Board Meeting Intimation For Consideration And Approval The Unaudited Financial Results For The Quarter And Half Year Ended 30 September 2026 (BSE, 23 October 2026) · PDF
- Board Meeting Outcome for Outcome Of The Board Meeting For Quarter And Half Year Ended September 30, 2026 (BSE, 29 October 2026) · PDF
- Results- Financial Results For Quarter And Half Year Ended Sept 30, 2026 (BSE, 30 October 2026) · PDF
- Submission Of Revised Outcome Of Board Meeting Held On October 29, 2026 (BSE, 3 November 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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