HLE Glascoat's Q3 FY 2025-26 Quarterly Results
- 11 Feb 2026
Result Summary
- HLE Glascoat Ltd reported a 6.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 41.7%.
- Its expenses for the quarter were down by 2.2% QoQ and up 45.9% YoY.
- The net profit decreased 67.0% QoQ and decreased 55.3% YoY.
- The earnings per share (EPS) of HLE Glascoat Ltd stood at 0.41 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 330.06 | 352.71 | 232.96 | -6.4% | 41.7% |
Total Expenses | 323.23 | 330.48 | 221.55 | -2.2% | 45.9% |
Profit Before Tax | 3.65 | 19.16 | 11.41 | -80.9% | -68.0% |
Tax | -0.95 | 5.20 | 1.12 | -118.3% | -184.8% |
Profit After Tax | 4.60 | 13.96 | 10.28 | -67.0% | -55.3% |
Earnings Per Share | 0.41 | 1.76 | 1.51 | -76.7% | -72.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
HLE Glascoat Ltd is a well-established company primarily engaged in the manufacturing of industrial equipment. The company specializes in providing a broad range of products including glass-lined equipment and other engineering goods used in chemical processes and manufacturing industries. HLE Glascoat Ltd operates within the industrial goods sector, a field characterized by innovation and the need for durable, high-quality materials. The company has a reputation for delivering robust solutions tailored to meet the specific needs of its industrial clients. As of the latest data, there are no specific publicly available records indicating any recent major developments or strategic changes in the company's operations or market approach.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), HLE Glascoat Ltd reported a total income of ₹330.06 crores. This figure represents a 6.4% decline when compared to the previous quarter (Q2FY26), where the total income was ₹352.71 crores. When compared to the same quarter in the previous fiscal year (Q3FY25), where total income was ₹232.96 crores, there is a notable year-over-year increase of 41.7%. This substantial growth in revenue on a year-over-year basis highlights the company's increased market presence or possible expansion in business activities compared to the previous year.
Profitability
The profitability metrics for HLE Glascoat Ltd in Q3FY26 show a profit before tax of ₹3.65 crores, down significantly by 80.9% from ₹19.16 crores in Q2FY26. Compared to Q3FY25, where the profit before tax was ₹11.41 crores, there is a 68.0% year-over-year decline. The tax for Q3FY26 was recorded at a negative ₹0.95 crores, contrasting with a tax expense of ₹5.20 crores in Q2FY26 and ₹1.12 crores in Q3FY25. This resulted in a profit after tax of ₹4.60 crores for Q3FY26, which is a 67.0% reduction from the previous quarter's profit after tax of ₹13.96 crores and a 55.3% reduction from ₹10.28 crores reported in Q3FY25. The earnings per share also saw a significant decrease to ₹0.41 in Q3FY26, compared to ₹1.76 in Q2FY26 and ₹1.51 in Q3FY25, reflecting declines of 76.7% quarter-over-quarter and 72.8% year-over-year.
Operating Metrics
The total expenses for HLE Glascoat Ltd in Q3FY26 amounted to ₹323.23 crores, representing a decrease of 2.2% from ₹330.48 crores in Q2FY26. Compared to the same quarter in the previous year, Q3FY25, when total expenses were ₹221.55 crores, there is an increase of 45.9%. This data indicates a substantial rise in expenses year-over-year, which may be attributed to various factors such as increased operational costs or investments in expanding business operations. The company's ability to manage its expenses relative to income is a crucial factor in its overall financial health, as indicated by the trends in profit margins and earnings per share.