HLE Glascoat Limited sets Q2 results after 89.82% Q1 profit fall

HLE Glascoat is scheduled to report Q2 and H1 FY27 results on November 2, 2026, following a Q1 FY27 net-profit decline of 89.82% quarter on quarter to 2. The results are significant because the company also reported lower sequential revenue and a sharp reduction in gross profit during the June quarter.

When will HLE Glascoat report Q2 and H1 FY27 results?

HLE Glascoat is scheduled to consider and approve its quarterly and half-yearly standalone and consolidated financial results for Q2 and H1 FY27 at a board meeting on November 2, 2026. The company had informed the exchanges on October 23 about the meeting, which is listed as a Q2 FY26-27 results event.

The reporting date follows the release of Q1 FY26-27 results on August 10, 2026. The supplied financial data shows that Q1 revenue was 300, down 23.22% from the preceding quarter but up 5.92% year on year. Gross profit was 11 and net profit was 2. The source does not specify the unit for these reported financial figures.

What did HLE Glascoat report in Q1 FY27?

HLE Glascoat reported a substantial sequential contraction in profitability in Q1 FY27, with gross profit down 66.80% quarter on quarter and net profit down 89.82% quarter on quarter. On a year-on-year basis, gross profit declined 62.28% and net profit fell 88.52%, even as revenue increased 5.92%.

The figures indicate that the movement in profit was materially sharper than the change in revenue. Revenue declined 23.22% sequentially to 300, while gross profit fell to 11 and net profit to 2. The available information does not provide a detailed break-up of costs, segment performance, order flows, margins, or management explanations for the changes.

What happens after the Q2 FY27 results announcement?

HLE Glascoat has scheduled an earnings conference call for November 3, 2026, at 4:00 PM IST to discuss Q2 and H1 FY27 financial results and operational updates. The company disclosed the call in a Regulation 30 filing dated October 29 and invited analysts and investors to participate through the registration details provided in the filing.

The call is expected to include Managing Director Himanshu Patel and Executive Directors Aalap Patel and Harsh Patel, along with the senior management team. The filing is an intimation of the call and does not contain the Q2 or H1 financial results. Investors will need to await the results release and the management discussion for reported figures and commentary.

Why are the Q2 numbers important for investors?

HLE Glascoat manufactures and sells glass-lined equipment, filters and dryers for industries in India. Its quarterly disclosures are relevant for investors tracking revenue trends and the relationship between sales and profitability in its operations. The Q1 data showed positive year-on-year revenue growth, but sharply lower gross and net profit compared with both the previous quarter and the prior year.

The Q2 release will provide the next set of reported data after those Q1 movements. In particular, investors can compare Q2 revenue, gross profit and net profit with the Q1 figures of 300, 11 and 2 respectively. Any reasons offered by management for the prior-quarter changes would come from the official results material or the scheduled conference call, rather than the call intimation itself.

What other disclosures have HLE Glascoat made before results?

The company stated that its trading window was closed from October 1 in connection with the planned consideration of Q2 and H1 FY27 financial results. This is part of the disclosed timetable leading up to the November 2 board meeting. The available material also refers to an operational performance and quarterly growth update published as a BSE corporate announcement on October 9, 2026.

HLE Glascoat maintains annual reports and quarterly documents, including results, presentations, transcripts and summaries, in the investor-information material referenced in the supplied data. For the immediate reporting cycle, however, the confirmed events are the November 2 board meeting and the November 3 management call. No actual Q2 FY27 financial figures were included in the earnings-call filing.

Conclusion

HLE Glascoat enters its Q2 and H1 FY27 reporting cycle after a June-quarter performance in which revenue was 300, while gross profit and net profit were 11 and 2. The 89.82% sequential fall in net profit and 66.80% fall in gross profit make the forthcoming financial disclosure important for assessing the latest reported operating and profitability trends.

The next confirmed event is the board meeting scheduled for November 2, 2026, followed by the earnings call at 4:00 PM IST on November 3. Investors will watch for the official Q2 and half-year figures, as well as management's comments on financial performance and operations.