Standard Glass Lining Technology Ltd., a city-based company that was listed on the NSE and BSE, announced its first-ever third-quarter financial results. The company reported a profit of Rs 15.89 crore for the third quarter of the fiscal year 2024–25, which ended on December 31, 2024, up from Rs 12.47 crore in the third quarter of FY24.
In Q3 of FY25, the company reported a year-over-year rise in total revenue of Rs 142.83 crore, up from Rs 137.83 crore in the prior fiscal year. “This quarter marks a historic milestone for Standard Glass, as we announce our first earnings report post-IPO,” said Nageswara Rao Kandula, Managing Director, Standard Glass Lining Technology Ltd.
We are pleased to announce robust revenue growth of 33% YoY and industry-leading EBITDA margins of 20%, as the overwhelming reaction from investors has been very humble. Through an IPO, the maker of equipment made of stainless steel, nickel alloy, and glass coated raised Rs210 crore.