Glottis Limited Opens New Branch Office in Ahmedabad to Expand Operations

1 min read     Updated on 02 Jan 2026, 12:45 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

Glottis Limited has opened a new branch office in Ahmedabad, Gujarat, effective January 2, 2026, located at Titanium Square in the Thaltej area. The expansion is aimed at enhancing operational reach and improving customer service in the western region. The announcement was made through proper regulatory channels under SEBI regulations, demonstrating the company's commitment to compliance and strategic growth.

28883729

*this image is generated using AI for illustrative purposes only.

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:

Parameter: Details
Office Address: Office No. B-104, Titanium Square
Location: Thaltej Cross Road, Sarkhej - Gandhinagar Highway
Area: Thaltej, Ahmedabad
State: Gujarat
Pin Code: 380054
Effective Date: January 2, 2026

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.

Historical Stock Returns for Glottis

1 Day5 Days1 Month6 Months1 Year5 Years
-4.00%-6.13%-3.35%-30.97%-30.97%-30.97%
like19
dislike

Glottis Reports 27.7% Sequential Revenue Growth in Q2 FY26, Plans Asset Expansion

2 min read     Updated on 20 Nov 2025, 01:46 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

Glottis, a logistics company, reported Q2 FY26 revenue of INR 2,147 million, a 27.7% sequential increase. EBITDA was INR 181 million (8.4% margin) and PAT was INR 124 million (5.8% margin). Despite handling fewer TEUs, revenue increased due to improved realization and higher freight rates. Sea import remains the largest revenue contributor at 81%. The renewable energy sector accounted for 46% of revenue. Glottis plans to invest INR 130 crores in trailers and containers from December 2025, shifting towards an asset-heavy model. The company is expanding its sales team in western and northern India, with new personnel expected by Q4 FY26.

25172177

*this image is generated using AI for illustrative purposes only.

Glottis , a prominent logistics company, has reported a significant 27.7% sequential increase in revenue for Q2 FY26, reaching INR 2,147 million. The company's latest earnings call revealed several key developments and future plans.

Financial Highlights

Metric Q2 FY26 Q2 FY26 Margin
Revenue 2,147.00 -
EBITDA 181.00 8.4%
PAT 124.00 5.8%

The company's EBITDA stood at INR 181 million with a margin of 8.4%, while Profit After Tax (PAT) was INR 124 million, translating to a 5.8% margin.

Operational Performance

Glottis handled 21,972 TEUs (Twenty-Foot Equivalent Units) during Q2 FY26, showing a decrease from 25,060 TEUs in Q1 FY26. Despite this reduction in volume, the company managed to increase its revenue, primarily due to improved realization and higher freight rates in Q2.

Business Mix and Geographical Focus

Sea import continues to be the largest revenue contributor for Glottis, accounting for 81% of the revenue in Q2 FY26. The company reported encouraging progress in its air segment, with air import revenue growing 17.3% year-on-year and air export revenue more than doubling compared to the previous year.

Geographically, Asia remains Glottis' strongest region, contributing 86% of the revenue in Q2 FY26. The company's top five customers increased their contribution to 41% of the revenue in Q2 FY26, up from 39% in Q1 FY26.

Industry Focus and Diversification

The renewable energy sector continues to be a significant contributor to Glottis' business, accounting for 46% of the revenue in Q2 FY26, up from 43% in Q1 FY26. The company plans to maintain its focus on this sector while also diversifying into other industries such as automobiles, fashion, and pharmaceuticals.

Expansion Plans

Glottis plans to begin purchasing trailers and containers worth INR 130 crores from December 2025, using its IPO proceeds. This move marks a shift from the company's previously asset-light model to a more asset-heavy approach. The management expects this backward integration to enhance customer relationships and create new business opportunities.

Sales Team Expansion

The company is actively expanding its sales team, particularly in the western and northern regions of India. New sales personnel are expected to join by the end of Q3 FY26 or early Q4 FY26, focusing on areas such as Gujarat, Maharashtra, and New Delhi.

Future Outlook

Glottis remains focused on strengthening customer relationships, expanding service capabilities, and improving operational discipline. The management is optimistic about the company's growth prospects, particularly in the renewable energy sector, including emerging opportunities in the battery segment.

As Glottis navigates the changing trade environment and implements its expansion plans, investors will be keen to observe how these strategies translate into financial performance in the coming quarters.

Historical Stock Returns for Glottis

1 Day5 Days1 Month6 Months1 Year5 Years
-4.00%-6.13%-3.35%-30.97%-30.97%-30.97%
like16
dislike
More News on Glottis
Explore Other Articles
Transformers & Rectifiers Targets ₹8000 Crore Order Book by FY26 End 7 hours ago
Reliance Industries Schedules Board Meeting for January 16, 2026 to Approve Q3FY26 Financial Results 9 hours ago
Power Mech Projects Subsidiary Secures ₹1,563 Crore BESS Contract from WBSEDCL 6 hours ago
Elpro International Acquires Additional Stake in Sundrop Brands for ₹39.18 Crores 6 hours ago
Krishival Foods Limited Completes Rights Issue Allotment of 3.33 Lakh Partly Paid-Up Equity Shares 8 hours ago
Raymond Realty Board Approves Employee Stock Option Plan 2025 Following Demerger 8 hours ago
57.78
-2.41
(-4.00%)