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Glottis Limited reported strong revenue growth driven by sea exports but faced significant margin compression due to rising freight and operating costs.
Q2 FY27 revenue Rs 2,765 Mn (+28.8% YoY), EBITDA Rs 34 Mn (1.2% margin), PAT loss Rs 0.2 Mn. H1 revenue Rs 5,110 Mn (+33.5%), PAT Rs 107 Mn (-56.1%). Shift toward export-led business.
Glottis Ltd reported Q1 FY27 revenue of Rs 2,345 million, up 39.5% YoY. Management is diversifying into air freight and expanding its owned fleet for better operational control.