
Quarterly Result11 Aug 2026, 02:22 pm
Glottis Ltd Q1 FY27 Revenue Up 39.5% YoY to ₹2,345 Million
AI Summary
Glottis Limited announced its unaudited financial results for the quarter ended June 30, 2026. Revenue from Operations surged by 39.5% year-on-year to ₹2,345 million, driven by strong performance in Ocean Freight (Import and Export) and Air Freight segments. EBITDA stood at ₹163 million with a margin of 6.9%, while Profit After Tax was ₹107 million with a margin of 4.6%. The company added 260 new customers, reducing concentration from top customers to 29% of revenue. Expansion in warehousing and transport services contributed to a broader service mix, and the company also increased its owned vehicle fleet.
Key Highlights
- Revenue from operations grew 39.5% YoY to ₹2,345 million in Q1 FY27.
- EBITDA margin declined to 6.9% due to higher operating costs.
- Sea Import and Export revenues saw significant YoY growth.
- Air Import and Export revenues increased substantially, showing strong momentum.
- Company added 260 new customers, diversifying its client base.
Price Impact
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