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Glittek Granites Approves ₹150 Crore BESS And Solar Energy Expansion


12 August 2026
Glittek Granites Ltd.

Dormant Profit, Nil Sales PAT at Rs 0.1 Cr in Q1 FY27 (standalone), +159.4% YoY. Revenue from Operations at nil in Q1 FY27 (standalone) vs Rs 0.1 Cr in Q1 FY25, -100% YoY. EBITDA at Rs 0.2 Cr, +108.9% YoY. EBITDA margin not meaningful given nil revenue. Board approved appointment of new statutory auditor and secretarial auditor, discontinuation of existing RTA, establishment of new corporate office in Ahmedabad, and entry into Battery Energy Storage Systems (BESS) with estimated project cost of Rs 150 Cr subject to approvals. AGM scheduled for 22 Sep 2026.


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