Glittek Granites Q1 FY27 Revenue Up 10%, Profit Down

June quarter results at a glance

Glittek Granites Ltd reported revenue of ₹0.33 crore for the quarter ended June 2026. This was higher than ₹0.30 crore in the March 2026 quarter. The increase represents sequential revenue growth of 10.00%. However, the improvement in revenue did not translate into higher profit for the period. Operating profit fell to ₹0.17 crore from ₹0.26 crore in the preceding quarter. Net profit also declined to ₹0.14 crore from ₹0.26 crore. The company is scheduled to consider its September-quarter and half-year results on October 29, 2026.

Revenue rose from a low quarterly base

The June-quarter revenue figure of ₹0.33 crore was ₹0.03 crore above the March-quarter level. Both quarters were significantly smaller than the ₹1.11 crore reported in December 2025. Revenue in the June 2025 quarter stood at ₹0.72 crore, based on the quarterly data provided. The comparison shows that the latest sequential gain came after a period of low reported revenue. The supplied data does not provide a quarterly earnings forecast for the stock. As a result, there is no stated consensus estimate against which the June-quarter numbers can be compared. Investors will therefore focus on the reported figures and the upcoming board outcome.

Operating profit declined sequentially

Operating profit for June 2026 was ₹0.17 crore, compared with ₹0.26 crore in March 2026. That is a quarter-on-quarter decline of 34.62%. The quarterly table also lists EBITDA of ₹0.17 crore for June and ₹0.26 crore for March. This indicates that profitability weakened even as revenue increased modestly. The supplied information does not give a detailed cost breakdown. It therefore does not specify which expense or operating factors contributed to the sequential profit decline. The result highlights the difference between revenue movement and operating earnings movement in a small quarterly base.

Net profit fell 46.15% from March

Net profit stood at ₹0.14 crore in the June 2026 quarter. This was down 46.15% from ₹0.26 crore in the March 2026 quarter. The company nevertheless remained profitable in the reported June quarter. In the preceding December 2025 and September 2025 quarters, the table shows net losses of ₹0.65 crore and ₹0.40 crore, respectively. June 2026 therefore marked a positive net-profit figure after those two loss-making quarters. The scale of profit, however, was lower than the immediately preceding March quarter. The next financial update may provide a clearer view of whether this improvement in profitability is sustained.

Key quarterly financial figures

The figures show revenue growth alongside a reduction in operating and net profit. All revenue values in this comparison are stated in crore rupees. The reported operating-profit measure aligns with the EBITDA values shown in the quarterly financial table. The data also shows that the March 2026 quarter had higher operating and net profit than the June 2026 quarter. These movements provide the immediate context for the company’s upcoming results meeting.

EPS data requires attention

The quarterly highlights state earnings per share of ₹0.15 for June 2026. However, the detailed quarterly results table lists June 2026 EPS at ₹0.05. The supplied material therefore contains two different EPS figures for the same period. This difference should be checked against the company’s exchange filing or the approved unaudited financial results. The March 2026 EPS in the table is ₹0.10. No conclusion on the precise sequential EPS movement can be made from the supplied data because of the June-quarter discrepancy. The revenue, operating profit and net profit figures are presented consistently in the quarterly highlights and table.

Annual performance shows a sharp contraction

For the financial year ended March 2026, Glittek Granites reported revenue of ₹1.41 crore. This compared with ₹33.30 crore in the year ended March 2025. EBITDA for FY26 was a loss of ₹0.34 crore, compared with a positive ₹9.53 crore in FY25. Net profit for FY26 was a loss of ₹0.39 crore, against a profit of ₹6.86 crore in FY25. FY26 EPS was negative ₹0.15, while FY25 EPS was ₹2.64. These annual figures provide a wider backdrop to the smaller quarterly revenue base reported in June 2026. They also show that the company’s financial performance has varied sharply across recent periods.

Board meeting scheduled for October 29

Glittek Granites informed BSE that its board meeting is scheduled for October 29, 2026. The board is expected to consider and approve unaudited financial results for the quarter and half year ended September 30, 2026. The company had earlier scheduled a board meeting on August 12, 2026 to consider the June-quarter unaudited results along with the statutory auditors’ limited review report. The trading window is stated to remain closed until November 2, 2026. The October meeting is the next confirmed corporate event in the information provided. It will update the market on the company’s performance after the June quarter.

What the results mean for investors

The June-quarter numbers show a limited sequential increase in revenue but lower operating and net profit. For investors, the important data points are the ₹0.33 crore revenue figure, ₹0.17 crore operating profit and ₹0.14 crore net profit. The September-quarter results will provide the next reported measure of sales and profitability. Investors may also look for clarification on the differing June-quarter EPS figures in the supplied data. No earnings forecast data has been provided for the company. The board’s October 29 announcement will therefore be the next formal reference point for assessing Glittek Granites’ financial performance.

Conclusion

Glittek Granites recorded 10.00% quarter-on-quarter revenue growth in June 2026, but operating profit and net profit declined from the March quarter. The company’s board is scheduled to consider its September-quarter and half-year unaudited results on October 29, 2026.