Glottis Reports 12.6% Revenue Growth in Q1 FY2026, Post-IPO Performance
Glottis released unaudited Q1 FY2026 results, showing 12.6% YoY revenue growth to ₹16,815.51 lakhs and 11% YoY net profit increase to ₹1,194.13 lakhs. The company completed its IPO, raising ₹30,700.24 lakhs by issuing shares at ₹129 each. Glottis shares were listed on NSE and BSE on October 7, 2025. A GST dispute was resolved in the company's favor. The Board approved these results in a meeting on October 27, 2025.
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Glottis has released its unaudited financial results for the first quarter ended June 30, 2025, showcasing robust growth and significant corporate developments.
Financial Highlights
The company reported a strong performance for Q1 FY2026, with key financial metrics showing positive trends:
| Metric | Q1 FY2026 | Q1 FY2025 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹16,815.51 lakhs | ₹14,932.54 lakhs | +12.6% |
| Net Profit | ₹1,194.13 lakhs | ₹1,075.58 lakhs | +11.0% |
| Earnings Per Share | ₹1.49 | - | - |
Corporate Developments
Successful IPO Completion
Glottis marked a significant milestone with the completion of its Initial Public Offering (IPO). The company issued 2,37,98,640 shares at ₹129 per share, successfully raising ₹30,700.24 lakhs. The equity shares were subsequently listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on October 7, 2025.
Financial Management
The company reported an increase in finance costs, attributing this rise to two primary factors:
- The commencement of a corporate office lease from October 1, 2024
- Working capital loans to support business operations
Regulatory Compliance
In a positive development for Glottis, a GST dispute was resolved in the company's favor. The Commissioner of GST and Central Excise dismissed the department's appeal on October 24, 2025, alleviating potential regulatory concerns.
Board Meeting Outcome
As per the LODR (Listing Obligations and Disclosure Requirements) data, the Board of Directors convened on October 27, 2025, to approve the un-audited financial results for the quarter ended June 30, 2025. The meeting, which commenced at 4:30 p.m. and concluded at 6:05 p.m., resulted in the approval of these results in compliance with regulation 33(3)(j) of Listing Regulations.
Glottis's performance in the first quarter post-IPO demonstrates the company's ability to maintain growth momentum while navigating the complexities of becoming a publicly traded entity. The significant revenue increase and profit growth, coupled with successful regulatory outcomes, position the company favorably for the fiscal year ahead.
Investors and stakeholders can access the detailed financial results on the company's website at https://www.glottislogistics.in/ .
Historical Stock Returns for Glottis
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.79% | +8.04% | -4.91% | -4.91% | -4.91% | -4.91% |
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