Globale Tessile reported a net loss of ₹12.23 lakh for the first quarter of FY27 (Q1FY27), marking a substantial improvement over the ₹36.17 lakh loss posted in the same period of FY26. The company’s revenue from operations grew by 7.8% year-on-year to ₹1,121.97 lakh, up from ₹1,041.17 lakh in Q1FY25.

The pre-tax loss stood at ₹16.49 lakh for the quarter, compared to a ₹46.8 lakh loss in the prior year period. There were no exceptional or extraordinary items during the quarter ended June 30, 2026. Earnings per share (EPS) were negative at ₹0.12 for both basic and diluted metrics.

Financial Performance

For the full fiscal year ended March 31, 2026 (FY26), Globale Tessile reported a net loss of ₹139.93 lakh against total income of ₹1,444.24 lakh. The equity share capital remained unchanged at ₹1,062.03 lakh.

What the Numbers Show

The divergence between revenue growth and profit improvement highlights operational efficiency gains. While revenue expanded by less than 8%, the net loss contracted by over 66%, suggesting that cost controls or margin improvements played a larger role in the quarter's performance than top-line growth alone.

Corporate Governance

The Board of Directors approved the unaudited financial results at its meeting held on August 13, 2026. The Audit Committee had previously reviewed the figures. The results were published in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and prepared in accordance with Indian Accounting Standards (IND AS).

Globale Tessile Limited company name has appointed M/s. Rohit Periwal & Associates as its Secretarial Auditor for a three-year term. The Board of Directors approved the appointment on July 28, 2026, based on the recommendation of the Audit Committee. The engagement covers the financial years FY27 through FY29 and remains subject to approval by shareholders at the company’s ensuing Annual General Meeting.

The Board meeting commenced at 06:00 P.M. (IST) and concluded at 06:30 P.M. (IST). The appointment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified both the Bombay Stock Exchange and the National Stock Exchange of India Limited of the decision on the same day.

Auditor Profile

M/s. Rohit Periwal & Associates is a peer-reviewed firm of Company Secretaries in Practice, holding Firm Registration Number S2019GJ677700. The firm is led by CS Rohit Periwal (FCS No. 12203, CP No. 22021). Its practice areas include corporate law, secretarial and regulatory compliances under the Companies Act, 2013, and SEBI Regulations. Specific expertise includes Secretarial Audit, Annual Secretarial Compliance Report, Corporate Governance, Due Diligence, Listing Compliances, certifications, and advisory services for listed and unlisted companies, LLPs, and other business entities.

The filing confirms that there is no relationship between the directors of Globale Tessile Limited and the appointed auditor, as this disclosure is not applicable in this context. The appointment replaces any prior arrangement for the specified tenure, ensuring continuity in regulatory compliance oversight for the textile manufacturer.