Glottis Limited has announced its unaudited standalone financial results for the quarter ended December 31, 2025, revealing a significant decline in operational performance. The board meeting held on February 13, 2026, approved the quarterly results along with several strategic decisions including senior management appointments and subsidiary incorporation plans.

Q3FY26 Financial Performance

The company's financial performance for Q3FY26 reflected challenging market conditions with notable declines across key metrics:

Nine-Month Period Performance

For the nine-month period ended December 31, 2025, the company demonstrated resilience despite quarterly challenges:

Market Challenges and Business Impact

The decline in revenue and profit margins was primarily attributed to uncertain global market conditions and lower average freight rates driven by softer demand in certain sectors. Solar-related transactions experienced significant decline due to reduced project execution across the industry. The company noted that these challenging conditions particularly impacted the third quarter performance.

Strategic Corporate Developments

The board meeting resulted in several key strategic decisions:

IPO Proceeds Utilization

Out of the total IPO proceeds of ₹15,999.87 lakhs raised in October 2025, ₹3,543.62 lakhs has been utilized by December 31, 2025. The remaining ₹12,456.25 lakhs is held in temporary fixed deposits pending utilization for stated objectives including capital expenditure and general corporate purposes.

Regulatory Compliance and Outlook

The company successfully resolved a GST scrutiny notice regarding excess Input Tax Credit claims of ₹123.22 lakhs, with proceedings dropped after providing adequate documentation. All debt servicing obligations were met during the quarter, maintaining the company's financial discipline despite operational challenges.

Glottis Limited has announced the opening of a new branch office in Ahmedabad, Gujarat, marking a strategic expansion of its operational footprint. The new facility became operational on January 2, 2026, as part of the company's efforts to strengthen its presence in the western region of India.

Branch Location and Details

The new branch office has been established at a prime location in Ahmedabad's business district. The facility details are outlined below:

Strategic Expansion Initiative

The company has positioned this branch opening as a strategic move to expand its operational reach and enhance customer service capabilities in the Gujarat region. According to the regulatory filing, the primary objectives of establishing this new branch include:

• Expanding the company's operational reach in western India
• Better serving existing customers in the region
• Strengthening local market presence
• Enhancing service delivery capabilities

Regulatory Compliance

Glottis Limited made this announcement through a formal communication to the stock exchanges, fulfilling its obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Nibedita Panda, Company Secretary and Compliance Officer, and was digitally authenticated on January 2, 2026.

Company Information

Glottis Limited, formerly known as Glottis Private Limited, operates in the logistics sector. The company maintains its registered office in Chennai, Tamil Nadu, and has been expanding its operations across different regions to strengthen its market position and service capabilities.