Global Surfaces clocks Rs 2.07 Billion Revenue in FY25

29 May 2025 CW Team

Global Surfaces Limited reported consolidated revenue from operations of Rs 2.07 billion for the financial year ended March 31, 2025. The company posted an EBITDA of Rs 19.29 million, reflecting a margin of 0.93 per cent.

FY25 was marked as a strategic investment year with operational and technological expansions. A key development was the commissioning of its UAE facility in February 2024, which focused on innovation and product trials without initial commercial sales. Despite limited revenue, depreciation and interest costs were fully recognised, resulting in a temporary drag on profitability.

The firm launched its exclusive “Marquartz” product line in mid-Q4 FY25 using patented quartz technology. One production line in Dubai was dedicated to stabilising this innovation, impacting short-term output.

Operating from Jaipur and Dubai, the firm now follows a multi-shore model to serve global markets. The UAE unit offers strategic access to the Middle East and North America.

Macroeconomic factors like high US mortgage rates, freight rate surges, and subdued natural stone demand further impacted financials. Despite this, Global Surfaces expects scalable, long-term growth.

Source:Based on press release issued by Global Surfaces Limited

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