Global Surfaces' Q1 FY 2025-26 Quarterly Results

Result Summary

• Global Surfaces Ltd reported a 31.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 29.2%.
• Its expenses for the quarter were down by 23.1% QoQ and up 29.6% YoY.
• The net profit decreased 105.3% QoQ and decreased 54.8% YoY.
• The earnings per share (EPS) of Global Surfaces Ltd declined at 0.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Global Surfaces Ltd is a company involved in manufacturing and supplying a variety of surface products. These products typically include engineered stone and other surface materials used in housing and commercial building projects. The company operates within the broader construction materials industry, which is subject to fluctuations based on economic conditions and real estate trends. As of the latest available information, there are no major developments reported for Global Surfaces Ltd that have been made publicly available. Therefore, any recent strategic changes or market expansions are not detailed here.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Global Surfaces Ltd reported a total income of ₹74.73 crores. This represents a decline of 31.1% when compared to the previous quarter (Q4FY25), where total income was ₹108.50 crores. However, on a year-over-year (YoY) basis, the company experienced a 29.2% increase in total income from ₹57.84 crores in Q1FY25. This suggests significant variation in revenue generation on a quarterly basis, although there is positive growth when compared to the same quarter of the previous fiscal year.

Profitability

The profitability of Global Surfaces Ltd faced challenges during Q1FY26. The profit before tax was reported at ₹0.12 crores, which shows a substantial decrease of 99.0% from the previous quarter's figure of ₹11.49 crores. Compared to Q1FY25, where the profit before tax was ₹0.25 crores, there is a decline of 52.0%. After accounting for taxes, the company recorded a loss, with the profit after tax standing at -₹0.57 crores. This is a significant drop from the profit after tax of ₹10.83 crores in Q4FY25 and an improvement from the loss of -₹1.26 crores in Q1FY25. Earnings per share (EPS) in Q1FY26 was -₹0.10, indicating a decrease from ₹2.48 in the previous quarter, while reflecting a YoY improvement from -₹0.29 in Q1FY25.

Operating Metrics

The total expenses for Global Surfaces Ltd in Q1FY26 were ₹74.61 crores, marking a 23.1% decrease from the previous quarter's expenses of ₹97.01 crores. Comparing year-over-year figures, the expenses increased by 29.6% from ₹57.59 crores in Q1FY25. The tax expenditure for Q1FY26 was ₹0.69 crores, slightly higher by 4.5% compared to Q4FY25's ₹0.66 crores, and a decrease of 54.6% from ₹1.52 crores in Q1FY25. These operating metrics are crucial for understanding the cost structures and financial management within the company across different reporting periods.