Glittek Granites Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 248759,
    "name": "Glittek Granites",
    "stock_name": "Glittek Granites",
    "full_name": "Glittek Granites Ltd",
    "name_url": "stocks-analysis/glittek-granites",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "33.39",
    "chg": 1.59,
    "chgp": "5.0%",
    "dir": 1,
    "prev_price": "31.80",
    "mcapval": "87.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513528,
    "symbol": "",
    "ind_name": "Miscellaneous",
    "ind_code": 53,
    "indexname": "",
    "isin": "INE741B01027",
    "curr_date": "Feb 03",
    "curr_time": "",
    "bse_nse_vol": "49.15 k",
    "exc_status": "Active",
    "traded_date": "Feb 03, 2026",
    "traded_date_str": "2026 02 03",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "How has been the historical performance of Glittek Granites?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-glittek-granites-3693855",
        "imagepath": "",
        "date": "2025-11-12 23:15:49",
        "description": "Answer:\nThe historical performance of Glittek Granites shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nGlittek Granites has experienced a notable decline in net sales, dropping from 21.16 Cr in Mar'19 to just 2.04 Cr in Mar'25. This downward trend is mirrored in total operating income, which decreased from 21.16 Cr in Mar'19 to 2.04 Cr in Mar'25. The company's total expenditure, excluding depreciation, surged to 23.77 Cr in Mar'25, up from 11.04 Cr in Mar'24, contributing to an operating profit (PBDIT) of -21.73 Cr in Mar'25, a stark contrast to the positive 1.68 Cr recorded in Mar'23. Despite these challenges, Glittek reported a profit before tax of 7.47 Cr in Mar'25, recovering from a loss of -6.14 Cr in Mar'24, leading to a profit after tax of 6.86 Cr. The company's total assets decreased from 36.51 Cr in Mar'20 to 11.69 Cr in Mar'25, while total liabilities also fell ..."
      },
      {
        "title": "Are Glittek Granites latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-glittek-granites-latest-results-good-or-bad-3686678",
        "imagepath": "",
        "date": "2025-11-10 19:15:44",
        "description": "Glittek Granites has reported financial results that highlight significant operational challenges and a concerning trend in its performance. In Q2 FY26, the company recorded net sales of ₹0.05 crores, reflecting a drastic decline of 95.19% year-on-year and an 83.87% decrease from the previous quarter. This revenue collapse indicates that the company is effectively operating at near-zero capacity, raising questions about its operational viability.\n\nThe net profit for the same quarter was ₹0.05 crores, but this figure is misleading as it was primarily driven by ₹0.67 crores in other income, which is not indicative of the core business's health. Excluding this extraordinary income, Glittek Granites faced an operating loss of ₹0.59 crores, resulting in an alarming operating margin of negative 1180.0%. This persistent negative margin underscores the structural profitability challenges the company has faced throu..."
      },
      {
        "title": "Glittek Granites Shows Resilience Amidst Financial Trend Adjustments and Market Dynamics",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/glittek-granites-financial-trend-declines-from-positive-to-flat-amid-stagnation-3686098",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/GlittekGranites_fintrenddot_3686098.png",
        "date": "2025-11-10 16:00:10",
        "description": "Glittek Granites has reported a flat performance for the quarter ending September 2025, with a decline in its financial score. However, the company achieved a profit after tax of Rs 25.69 crore for the nine-month period and has significantly outperformed the Sensex over the past year and five years."
      },
      {
        "title": "Glittek Granites Q2 FY26: Extraordinary Gains Mask Operational Distress",
        "link": "https://www.marketsmojo.com/news/result-analysis/glittek-granites-q2-fy26-extraordinary-gains-mask-operational-distress-3685971",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/GlittekGranites_quaterlyResult_3685971.png",
        "date": "2025-11-10 14:31:58",
        "description": "Glittek Granites Ltd., a Bangalore-based granite manufacturing company with a market capitalisation of ₹30.00 crores, reported a nominal net profit of ₹0.05 crores for Q2 FY26, marking a dramatic reversal from the exceptional ₹26.04 crores profit recorded in Q1 FY26. The latest quarter's performance reveals a company grappling with severe operational challenges, as core business revenues collapsed 83.87% quarter-on-quarter to a mere ₹0.05 crores, whilst operating losses persisted at ₹0.59 crores."
      }
    ],
    "total": 172,
    "sid": "248759",
    "stock_news_url": "https://uat-researchintel.adityabirlamoney.com/news/glittek-granites-248759"
  },
  "announcements": [
    {
      "caption": "Board Meeting Intimation for Notice Under Regulation 29 Of The Listing Regulations To Hold Board Meeting For Consideration Of Unaudited Financial Results Of The Company For The 3Rd Quarter And Nine Month Ended 31St December 2025",
      "datetime": "27-Jan-2026",
      "details": "Glittek Granites Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 inter alia to consider and approve This is to inform you that a meeting of the Board of Directors of the Company will be held on Friday 13th February 2026 at 11.30 A.M inter alia to consider take on record and approve the Unaudited (Provisional) Financial Results of the Company for quarter and Nine Month ended 31St December 2025.",
      "source": "BSE"
    },
    {
      "caption": "Draft Letter of Offer",
      "datetime": "22-Jan-2026",
      "details": "Vivro Financial Services Pvt. Ltd (Manager to the Offer) has submitted to BSE a copy of Draft Letter of Offer to the Public Shareholders of Glittek Granites Ltd (Target Company).",
      "source": "BSE"
    },
    {
      "caption": "Detailed Public Statement For The Proposed Open Offer For Acquisition Of Equity Shares From The Public Shareholders Of Glittek Granites Limited (Target Company) By Maheshkumar Jatashankar Thanki (Acquirer 1) Bhargav Girjashankar Thanki (Acquirer 2) Bhavin",
      "datetime": "13-Jan-2026",
      "details": "As per attachment",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
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}

News and Views

How has been the historical performance of Glittek Granites?

2025-11-12 23:15:49

Answer: The historical performance of Glittek Granites shows significant fluctuations in key financial metrics over the years. Breakdown: Glittek Granites has experienced a notable decline in net sales, dropping from 21.16 Cr in Mar'19 to just 2.04 Cr in Mar'25. This downward trend is mirrored in total operating income, which decreased from 21.16 Cr in Mar'19 to 2.04 Cr in Mar'25. The company's total expenditure, excluding depreciation, surged to 23.77 Cr in Mar'25, up from 11.04 Cr in Mar'24, contributing to an operating profit (PBDIT) of -21.73 Cr in Mar'25, a stark contrast to the positive 1.68 Cr recorded in Mar'23. Despite these challenges, Glittek reported a profit before tax of 7.47 Cr in Mar'25, recovering from a loss of -6.14 Cr in Mar'24, leading to a profit after tax of 6.86 Cr. The company's total assets decreased from 36.51 Cr in Mar'20 to 11.69 Cr in Mar'25, while total liabilities also fell ...

Are Glittek Granites latest results good or bad?

2025-11-10 19:15:44

Glittek Granites has reported financial results that highlight significant operational challenges and a concerning trend in its performance. In Q2 FY26, the company recorded net sales of ₹0.05 crores, reflecting a drastic decline of 95.19% year-on-year and an 83.87% decrease from the previous quarter. This revenue collapse indicates that the company is effectively operating at near-zero capacity, raising questions about its operational viability. The net profit for the same quarter was ₹0.05 crores, but this figure is misleading as it was primarily driven by ₹0.67 crores in other income, which is not indicative of the core business's health. Excluding this extraordinary income, Glittek Granites faced an operating loss of ₹0.59 crores, resulting in an alarming operating margin of negative 1180.0%. This persistent negative margin underscores the structural profitability challenges the company has faced throu...

Glittek Granites Shows Resilience Amidst Financial Trend Adjustments and Market Dynamics

2025-11-10 16:00:10

Glittek Granites has reported a flat performance for the quarter ending September 2025, with a decline in its financial score. However, the company achieved a profit after tax of Rs 25.69 crore for the nine-month period and has significantly outperformed the Sensex over the past year and five years.

Glittek Granites Q2 FY26: Extraordinary Gains Mask Operational Distress

2025-11-10 14:31:58

Glittek Granites Ltd., a Bangalore-based granite manufacturing company with a market capitalisation of ₹30.00 crores, reported a nominal net profit of ₹0.05 crores for Q2 FY26, marking a dramatic reversal from the exceptional ₹26.04 crores profit recorded in Q1 FY26. The latest quarter's performance reveals a company grappling with severe operational challenges, as core business revenues collapsed 83.87% quarter-on-quarter to a mere ₹0.05 crores, whilst operating losses persisted at ₹0.59 crores.

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