Global Surfaces Limited — Updates, 29-05-2025: Press Release

Global Surfaces Limited has announced a board meeting on the financial results for the quarter and half-year. The UAE facility is now fully operational, focusing on innovative quartz products like the "Marquartz" series. Initial losses reflect investments in this new setup aimed at driving global growth through a multi-shore manufacturing model. Industry challenges, including subdued natural stone demand, high logistics costs, and product mix pressures, continue to weigh on margins despite revenue of INR 2076.44 Mn and EBITDA of INR 19.29 Mn for FY25.