Results - Announcements
Global Surfaces Ltd share price declined by 1.26% to Rs 23.5 after the company's net profit tumbled by 9100% to Rs 5.4 crore, while revenue from operations softened by 8.47% to Rs 59.88 crore in Q3FY26 over Q2FY26.
The market capitalization of Granites & Marbles industry group stocks on BSE stood at Rs 7797.81 crore, rising 7.71%. It has inched up 1.41% over last one week and tumbled 18.88% in last one month while the market capitalization of Global Surfaces Ltd has slipped by 3.45% and 17.86% in the same period respectively.
Profit before tax (PBT) of Global Surfaces Ltd stood at Rs 5.41 crore in Q3 FY26, expanding by 94.60% year-on-year, and crashing by 1227.08% quarter-on-quarter. EBITDA came in at Rs 0 crore, tumbling by 97.41% YoY and plunging by 104.05% sequentially.
Total expenses saw a slight increase of 2.86% to Rs 63.34 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 26.37 crore, registering a fall of 35.84% YoY, while employee benefits expense was at Rs 8.09 crore, inching up 6.03% YoY.
For the TTM ended FY26, revenue from operations grew 12.33% to Rs 233.24 crore, while net profit rose by 10.17% to Rs 31.84 crore, compared to previous TTM. EBITDA tanked by 660% to Rs 33.04 crore, and PBT saw a marginal contraction of 7.74% to Rs 23.0 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 27.47 crore in FY26, as against Rs 31.23 crore in FY25.
Global Surfaces Ltd crashed 80.20% in last one year, underperforming the benchmark BSE Sensex which has slipped by 9.87% during the same period.