Glottis Ltd Reports Q2 FY26 Revenue of Rs. 2,147 Million
Filing Summary
Glottis Ltd has released its unaudited financial results for Q2 FY26, reporting a revenue from operations of Rs. 2,147 million, a 25.2% decrease year-over-year. The company’s EBITDA stood at Rs. 181 million with a margin of 8.4%. Profit After Tax was Rs. 124 million, reflecting a 39.9% decline compared to the previous year. The primary revenue driver was the Ocean Freight – Import segment, contributing 81% to the total revenue. The company handled 21,972 TEUs during the quarter. Asia remained the dominant revenue region, contributing 86% in Q2 FY26.
Glottis Ltd has announced its unaudited financial results for the second quarter of the fiscal year 2026, ending September 30, 2025. The company reported a revenue from operations of Rs. 2,147 million for Q2 FY26. This represents a 25.2% decrease compared to the same quarter in the previous fiscal year. The EBITDA for the quarter was Rs. 181 million, with a margin of 8.4%. The Profit After Tax (PAT) was Rs. 124 million, showing a 39.9% decline year-over-year.
The financial performance of Glottis Ltd in Q2 FY26 showed a sequential improvement with a 27.7% increase in revenue from Q1 FY26. The EBITDA margin decreased from 10.0% in Q2 FY25 to 8.4% in Q2 FY26. The PAT margin also declined from 7.2% to 5.8% over the same period. The Earnings Per Share (EPS) for the quarter was Rs. 1.54, down from Rs. 2.57 in Q2 FY25.
Operationally, Glottis Ltd’s primary revenue segment was Ocean Freight – Import, contributing 81% to the total revenue. The company handled 21,972 TEUs during the quarter. The Air Freight segment showed growth, with Air Import revenue increasing 17.3% year-over-year, and its share of total revenue rising to 2.11% in Q2 FY26. Air Export revenue also increased, contributing 0.66% to the total revenue.
In terms of geographic revenue distribution, Asia was the leading region, contributing 86% to the revenue in Q2 FY26. The renewable energy sector was a significant contributor, accounting for 46% of the revenue in Q2 FY26. The company reported that revenue from the top five customers increased to 41% in Q2 FY26 from 39% in Q1 FY26.
The results were released on November 16, 2025, and are available on the company’s website. The financial data reflects the company’s performance amidst a changing trade environment and market-wide pressure on freight rates.
Glottis Ltd, founded in 2004, is an integrated logistics solutions provider. The company offers a diversified portfolio of multimodal services across ocean, air, and road transportation, along with ancillary offerings such as warehousing and customs clearance. Glottis Ltd has established a strong operational footprint across key Indian trade hubs and a global presence in over 120 countries.