Global Surfaces Q2 FY27: revenue up 10.7% to ₹60 Cr, net loss ₹5 Cr
Results · Finvezto · 3 Nov 2026 · Global Surfaces (GSLSU)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 60 | - | +10.7% |
| Operating profit | 1 | - | - |
| Net profit | -5 | - | - |
| Operating margin | 2.2% | - | - |
| Net margin | -8.8% | - | - |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- In Q2 FY27, revenue from operations stood at Rs. 60 crores, up 10.7% year-on-year, while EBITDA improved to Rs. 1.3 crores with an EBITDA margin of 2.17%. Earnings call
- For H1 FY27, revenue was Rs. 125 crores, while EBITDA more than doubled to Rs. 9.6 crores and EBITDA margin expanded by 424 basis points to 7.66%. Earnings call
- The Bagru natural stone unit was discontinued effective March 31, 2026, transitioning operations to engineered stone which accounted for about 98% of H1 revenue. Earnings call
What to watch
- Management on strategic focus: Going forward, our focus remains on engineered quartz business, where we see opportunities to strengthen product diversification and improve utilization and build a more sustainable operating profile.
- Management on near-term operating outlook: Looking ahead, the near-term operating environment is expected to remain challenging particularly given the uncertainty around the U.S. trade measures and regional geopolitical situations related to inflated input and trade costs.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.