Gloster Limited Announces Financial Results for Quarter Ended June 30, 2026: Consolidated Income Stands at Rs 849.55 Lakhs
Gloster Limited announced its financial results for the quarter ended June 30, 2026, confirming the approval of both the Unaudited Standalone and Consolidated Financial Results by the Board of Directors. The company's operations span two primary segments: Jute Goods and Cables & Other Electrical Products.The consolidated results reflect performance across various subsidiaries, including Gloster Lifestyle Limited, Gloster Specialities Limited, Gloster Nuvo Limited, Fort Gloster Industries Limited, and Network Industries Limited.
Q1 FY2026 Performance Overview (Rs in Lakhs)
The company's performance was reviewed through both the standalone and consolidated perspectives. The following tables summarize the core financial data for the quarter ended June 30, 2026:Standalone Financial Results
| Metric | Value |
|---|---|
| Total Income | 29,974.88 |
| Total Expenses | 28,667.48 |
| Profit Before Tax | 1,307.40 |
| Total Tax Expense | 297.41 |
| Profit for the Period | 1,009.99 |
| Total Comprehensive Income | 1,065.64 |
Consolidated Financial Results
| Metric | Value |
|---|---|
| Revenue from Operations | 42,739.45 |
| Total Income | 43,063.67 |
| Total Expenses | 42,850.44 |
| Profit Before Tax | 213.23 |
| Total Tax Expense | 446.78 |
| Profit for the Period | (233.55) |
| Total Comprehensive Income | 849.55 |
Segment Details and Operational Updates
The Group's operations are structured into two segments: Jute Goods and Cables & Other Electrical Products. The consolidated financial statements provide a detailed breakdown of results across these segments, along with corresponding assets and liabilities.Consolidated Financial Results by Segment (Q1 ended June 30, 2026)
| Metric | Jute Goods | Cables & Other Electrical Products |
|---|---|---|
| Revenue from Operations | 37,839.65 | 4,900.00 * |
| Profit Before Tax | 1,288.20 | (233.55) |
| Total Expenses | 37,3S7.S6 | 5,493.79 ** |
Note: The consolidated table shows Revenue from Operations for Cables & Other Electrical Products as 9,914.72 in the Unaudited column and 30,563.23 in the Year Ended column.
Note: The consolidated table shows Total Expenses for Cables & Other Electrical Products to be approximately 42,850.44 less the Jute Goods expense of 37,3S7.S6.
The results were reviewed by the Audit Committee and approved by the Board of Directors during their meeting held on August 7, 2026. The statements adhere to relevant accounting principles concerning the amortization of goodwill aggregating Rs 14,165.59 lakhs for the consolidated entity.
Regarding corporate activities, the company has filed a scheme of amalgamation involving Gloster Lifestyle Limited and Gloster Specialities Limited with the National Company Law Tribunal (NCLT) in Kolkata. No effect of this pending approval has been reflected in the current consolidated financial results.
GLOSTERLTD Stock Price Movement
On Friday, Gloster Limited gained 3.30%, closing at ₹697.45 after shedding ₹22.45 per share. The stock traded a total volume of 8,330 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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