Gloster's Q1 FY 2025-26 Quarterly Results

Result Summary

• Gloster Ltd reported a 66.0% quarter-on-quarter (QoQ) increase 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 125.6%.
• Its expenses for the quarter were up by 73.7% QoQ and 110.4% YoY.
• The net profit decreased 60.9% QoQ and decreased 135.5% YoY.
• The earnings per share (EPS) of Gloster Ltd stood at 2.7 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

Gloster Ltd is a company engaged in the manufacturing sector, specifically known for its production of jute and jute-related products. The company operates within the textile industry, focusing on the manufacturing of jute yarns, fabrics, and other related products. As a prominent player in the jute industry, Gloster Ltd caters to both domestic and international markets with its diverse range of jute products. While specific recent developments concerning Gloster Ltd are not provided, the company has traditionally been associated with sustainable and eco-friendly manufacturing practices, given the biodegradable nature of jute.

Revenue

The financial data for Gloster Ltd reflects significant changes in revenue over the recent quarters. In Q1FY26, the company reported a total income of ₹310.96 crores, showing a substantial increase compared to ₹187.38 crores in Q4FY25 and ₹137.81 crores in Q1FY25. This represents a quarter-over-quarter (QoQ) growth of 66.0% and a year-over-year (YoY) growth of 125.6%. These figures suggest a strong upward trend in the company's total income, indicating a significant increase in sales or other income-generating activities during this period.

Profitability

The profitability metrics for Gloster Ltd indicate a noticeable fluctuation over the quarters. The Profit Before Tax (PBT) for Q1FY26 was ₹5.27 crores, down from ₹11.42 crores in Q4FY25, but an improvement from a loss of ₹7.49 crores in Q1FY25. The QoQ change in PBT was -53.9%, while the YoY change was -170.4%. The Profit After Tax (PAT) for Q1FY26 stood at ₹3.00 crores, compared to ₹7.68 crores in Q4FY25 and a loss of ₹8.45 crores in Q1FY25. This translates to a QoQ decline of 60.9% but a YoY turnaround of 135.5%. The Earnings Per Share (EPS) followed a similar pattern, decreasing from ₹7.00 in Q4FY25 to ₹2.70 in Q1FY26, yet improving significantly from a negative EPS of -₹7.70 in Q1FY25.

Operating Metrics

The operating metrics of Gloster Ltd, as reflected in the financial data, show a significant rise in total expenses alongside the increase in income. The total expenses for Q1FY26 were ₹305.68 crores, compared to ₹175.96 crores in Q4FY25 and ₹145.30 crores in Q1FY25. This marks a QoQ increase of 73.7% and a YoY increase of 110.4%. Despite the rise in expenses, the company managed to report a positive profit, indicating operational efficiency. The tax expense for Q1FY26 was ₹2.27 crores, down from ₹3.74 crores in Q4FY25, yet higher than the ₹0.96 crores reported in Q1FY25, reflecting a QoQ decrease of 39.3% and a YoY increase of 136.5%. These metrics highlight the company's ability to manage costs while navigating through changing economic conditions.