Glottis Q1 Results: Net Profit Falls to ₹107M, Margin Contracts to 6.95% YoY 7 hrs ago Yesterday
Glottis posted Q1 net profit of ₹107M, down from ₹119.4M year-on-year, even as revenue rose to ₹2.34B from ₹1.68B. EBITDA declined to ₹163M from ₹169M, with the EBITDA margin contracting to 6.95% from 10.05% year-on-year. The results highlight a divergence between revenue growth and profitability, suggesting cost pressures weighed on the company's margins during the quarter.