Gloster
574.00
-13.65(-2.32%)
Market Cap₹628.14 Cr
PE Ratio83.60
Company Performance:
1D-2.32%
1M+14.49%
6M-10.66%
1Y-6.51%
5Y-37.46%
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More news about Gloster
12Nov 25
Gloster Limited Approves Modified Amalgamation Scheme with Two Wholly-Owned Subsidiaries
Gloster Limited's Board has approved a modified Scheme of Amalgamation to merge its wholly-owned subsidiaries, Gloster Lifestyle Limited and Gloster Specialities Limited, with the parent company. The move aims to improve resource utilization and strengthen growth prospects. No new shares will be issued, and the parent company's shareholding pattern remains unchanged. The scheme requires approval under Sections 230 to 232 of the Companies Act, 2013. Gloster Limited reported a turnover of Rs. 62,668.27 lakhs for the year ended March 31, 2025, with recent Q2 FY2026 results showing revenue of Rs. 36,010.81 lakhs and profit of Rs. 767.28 lakhs.
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12Nov 25
Gloster Reports Q2 Revenue Growth Amid Profitability Challenges
Gloster Limited's Q2 financial results show a 50% year-over-year revenue increase to 2.10 billion rupees. However, profitability faced headwinds with EBITDA margin declining to 8.32% from 10.23%, and net profit decreasing to 76.00 million rupees from 111.00 million rupees. The company approved a scheme to amalgamate two wholly-owned subsidiaries. A legal case regarding the 'Gloster' trademark ownership is pending in the Supreme Court.
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11Sept 25
Gloster Limited Appoints Singhi & Co. as New Statutory Auditors Following Price Waterhouse Resignation
Gloster Limited and its subsidiary Fort Gloster Industries Limited have appointed Singhi & Co. as their new statutory auditors, effective September 11, following the resignation of Price Waterhouse & Co Chartered Accountants LLP. The appointment is subject to shareholder approval. Singhi & Co., founded in 1940, is registered with ICAI, employs over 600 professionals, and serves more than 100 listed companies. The change complies with SEBI regulations.
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08Aug 25
Gloster Limited Reports Q1 FY26 Results; Board Addresses BSE Fine for Delayed Filing
Gloster Limited announced Q1 FY26 results with standalone revenue decreasing 51.17% to Rs 13,590.49 lakhs, but profit after tax increasing 14.78% to Rs 537.92 lakhs. Consolidated operations swung to a loss of Rs 232.22 lakhs from a profit of Rs 300.17 lakhs in the previous quarter. The company operates in Jute Goods and Cables segments. The Board addressed a BSE fine for delayed filing of related party statements, planning to pay under protest and apply for a waiver.
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02Jul 25
DGTR Launches Mid-Term Review of Anti-Dumping Duties on Jute Imports
The Directorate General of Trade Remedies (DGTR) has begun a mid-term review of anti-dumping duties on jute imports from Bangladesh and Nepal. This review is prompted by concerns over price drops in the jute market and potential damage to local Indian producers. The outcome could significantly impact the jute industry, affecting market dynamics and competitiveness for companies like Gloster.
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29May 25
Gloster Reports Mixed Q4 Results, Recommends ₹20 Dividend
Gloster Ltd., a jute products manufacturer, reported mixed Q4 results. Revenue increased 6.49% to ₹1.97 billion, but EBITDA declined 37.76% to ₹146.20 million. Net profit slightly improved by 1.95% to ₹141.40 million. The company's board recommended a dividend of ₹20 per equity share.
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Gloster
574.00
-13.65
(-2.32%)
1 Year Returns:-6.51%
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