Glen Industries Ltd — Important, 16-07-2026: Company Update

Glen Industries reported a strong start to FY27, with total revenue from operations up 24.36% year-on-year to Rs 54.93 Cr for the quarter. Domestic sales surged by 43.79% to Rs 42.62 Cr, driven by improved demand and higher order execution, now contributing 77.6% of total revenue. Export sales saw a 15.27% decline to Rs 12.31 Cr due to shipment schedule changes, though the company expects improved performance ahead. On the project front, all necessary land conversions and regulatory approvals are complete. Construction is progressing, with piling done and foundation work nearing completion, and most plant and utility equipment orders placed.