Gloster's Q2 FY 2025-26 Quarterly Results

Result Summary

• Gloster Ltd reported a 16.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 141.7%.
• Its expenses for the quarter were up by 15.1% QoQ and 135.4% YoY.
• The net profit increased 155.7% QoQ and decreased 324.9% YoY.
• The earnings per share (EPS) of Gloster Ltd stood at 7.01 during Q2 FY 2025-26.

Financial Statments for Q2 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 business of manufacturing and exporting jute and jute-related products. These include jute yarn, fabric, and products such as bags and geotextiles. The company operates in the textile industry, with jute being a significant natural fiber used in various applications due to its biodegradability and sustainability. As of the latest updates, there are no major developments available regarding Gloster Ltd's operations or strategic initiatives.

Revenue

During the second quarter of fiscal year 2026 (Q2FY26), Gloster Ltd reported a total income of ₹362.29 crores, showing a sequential increase of 16.5% from the previous quarter (Q1FY26), where the total income was ₹310.96 crores. On a year-over-year basis, there was a substantial growth of 141.7% compared to ₹149.88 crores in Q2FY25. This significant increase in revenue might reflect the company's enhanced sales efforts or market expansion strategies within the jute industry.

Profitability

In Q2FY26, Gloster Ltd's profit before tax (PBT) stood at ₹10.39 crores, nearly doubling from ₹5.27 crores in Q1FY26, marking a quarter-over-quarter growth of 97.2%. The year-over-year comparison shows an even more dramatic rise from just ₹0.37 crores in Q2FY25, indicating a 2708.1% increase. After accounting for taxes, the profit after tax (PAT) in Q2FY26 was ₹7.67 crores, which is more than double the ₹3.00 crores recorded in Q1FY26 and a significant turnaround from a loss of ₹3.41 crores in Q2FY25. Earnings per share (EPS) also reflect these improvements, with an EPS of ₹7.01 in Q2FY26 compared to ₹2.74 in the previous quarter and a negative EPS of ₹3.11 in the same quarter last year.

Operating Metrics

Total expenses for Gloster Ltd in Q2FY26 were ₹351.90 crores, reflecting a quarter-over-quarter increase of 15.1% from ₹305.68 crores in Q1FY26. Year-over-year, expenses have risen by 135.4% from ₹149.52 crores in Q2FY25. The tax expense for Q2FY26 was ₹2.72 crores, a 19.8% increase from ₹2.27 crores in Q1FY26, but a decrease of 27.9% from ₹3.77 crores in Q2FY25. The substantial increases in both income and expenses suggest that the company is scaling its operations, which may correlate with the improved profitability metrics observed.