Globale Tessile Limited has scheduled its ninth Annual General Meeting (AGM) for Wednesday, September 30, 2025. The meeting will commence at 11:30 am and will be conducted through Video Conferencing or Other Audio Visual Means.

Meeting Details

The company issued the notice in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders will be able to participate remotely and cast their votes during the meeting.

Voting and Participation

Members holding shares in dematerialized mode will receive login details for e-voting on their registered email IDs. Physical shareholders who have not registered an email ID may do so by sending a signed request letter to MUFG India Private Limited.

Remote e-voting facility is provided by MUFG India Private Limited. The notice of the AGM along with the Annual Report for FY26 will be sent electronically to members with registered email IDs.

Copies of the notice and annual report are also available on the company website and stock exchange portals. Members can contact the Registrar and Share Transfer Agent for assistance with folio numbers and client IDs.

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).