Then Jesus said to [all of] them, "The time has come for the Son of man to be glorified [i.e., by His crucifixion, resurrection and ascension].

Then after Judas left, Jesus said, "Now the Son of man is [being] glorified [Note: Being "glorified" involved Jesus' crucifixion, resurrection and ascension. The first step of this had now begun]. And God is [being] glorified through the Son's life.

And if God is [so] glorified through Him [now], God will [also] glorify the Son in Himself very soon. [Note: Possibly this was a reference to Jesus returning to the Father's presence].