Globe Textiles (India)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• Globe Textiles (India) Ltd reported a 28.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 17.3%.
• Its expenses for the quarter were up by 31.7% QoQ and 17.7% YoY.
• The net profit decreased 50.7% QoQ and decreased 48.3% YoY.
• The earnings per share (EPS) of Globe Textiles (India) Ltd - at - during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Globe Textiles (India) Ltd is a company engaged in the textile industry, primarily involved in the manufacturing and trading of various textile products. These products can include fabrics, garments, home textiles, and possibly technical textiles, although specific recent developments or additional product lines are not detailed in the information provided. The textile industry in India is significant, contributing substantially to the country's economy and employment, and companies like Globe Textiles play a crucial role within this sector.

Revenue

In the first quarter of the fiscal year 2026, Globe Textiles (India) Ltd reported a total income of ₹148.45 crores. This represents a quarter-over-quarter (QoQ) increase of 28.4% from the ₹115.60 crores reported in the fourth quarter of fiscal year 2025. Year-over-year (YoY), the total income increased by 17.3% from ₹126.52 crores in the first quarter of fiscal year 2025. The substantial growth in total income both QoQ and YoY highlights the company's increased revenue generation over the periods.

Profitability

Globe Textiles (India) Ltd's profitability metrics for Q1FY26 show a decline when compared to both the previous quarter and the same quarter of the previous year. The company reported a profit before tax of ₹2.47 crores, which is a 48.3% decrease QoQ from ₹4.78 crores in Q4FY25 and a 30.8% decrease YoY from ₹3.57 crores in Q1FY25. The tax expense for Q1FY26 was ₹1.07 crores, down 44.8% QoQ but up 24.4% YoY. The profit after tax stood at ₹1.40 crores, reflecting a 50.7% decrease QoQ and a 48.3% decrease YoY, indicating a significant reduction in net profitability in the latest quarter. Earnings per share (EPS) also declined to zero in Q1FY26 from ₹0.20 in Q4FY25 and ₹0.10 in Q1FY25.

Operating Metrics

The total expenses for Globe Textiles (India) Ltd in Q1FY26 amounted to ₹145.98 crores, which shows a 31.7% increase QoQ from ₹110.82 crores in Q4FY25 and a 17.7% increase YoY from ₹124.05 crores in Q1FY25. The increase in expenses outpaced the growth in total income, contributing to the lower profitability figures. While the exact components of these expenses are not detailed, they typically consist of costs related to raw materials, labor, manufacturing, and administrative expenses. The data highlights the company's operational cost dynamics over the observed periods.