Globtier Infotech Reports Revenue Growth and Establishes UK Subsidiary
Globtier Infotech Limited reported a 2.69% increase in revenue to Rs 4,239.35 lakhs and a 4.65% rise in profit after tax to Rs 313.28 lakhs for the six months ended September 30, 2025. The company has established a wholly-owned subsidiary, Globtier UK Limited, in the United Kingdom. Following its IPO on September 2, 2025, the company raised Rs 2,744.06 lakhs, with Rs 1,943.00 lakhs already utilized for various purposes. New internal and secretarial auditors have been appointed for the 2025-26 financial year.
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Globtier Infotech Limited , a software development and IT services company, has reported a modest increase in revenue and announced the establishment of a new subsidiary in the United Kingdom for the six months ended September 30, 2025.
Financial Performance
The company's unaudited consolidated financial results show:
| Particulars | Six months ended Sept 30, 2025 | Six months ended Sept 30, 2024 | % Change |
|---|---|---|---|
| Revenue from operations | Rs 4,239.35 lakhs | Rs 4,128.12 lakhs | +2.69% |
| Profit before Tax | Rs 429.65 lakhs | Rs 362.90 lakhs | +18.39% |
| Profit after Tax | Rs 313.28 lakhs | Rs 299.35 lakhs | +4.65% |
Globtier Infotech's revenue from operations grew by 2.69% year-over-year, while profit after tax increased by 4.65%.
UK Subsidiary and Corporate Actions
The Board of Directors has approved the ratification of incorporation and investment in Globtier UK Limited, a wholly-owned subsidiary in the United Kingdom. This move may potentially expand the company's international presence and operations.
Recent IPO and Capital Allocation
Globtier Infotech's equity shares were listed on BSE's SME platform on September 2, 2025, following an Initial Public Offering (IPO) of 43.12 lakh shares at Rs 72 per share. The IPO comprised a fresh issue of 38,11,200 shares and an offer for sale of 5,00,800 shares by the selling shareholder.
The company raised Rs 2,744.06 lakhs from the fresh issue, which is being utilized as follows:
| Purpose | Amount Allocated (Rs lakhs) | Amount Utilized (Rs lakhs) | Balance (Rs lakhs) |
|---|---|---|---|
| Working capital requirements | 1,150.00 | 905.00 | 245.00 |
| Loan repayment | 830.00 | 830.00 | 0.00 |
| General corporate purposes | 409.06 | 0.00 | 409.06 |
| IPO expenses | 355.00 | 208.00 | 147.00 |
| Total | 2,744.06 | 1,943.00 | 801.06 |
Management Changes
The Board has appointed new auditors for the financial year 2025-26:
- M/s. Bathla Dhingra Associates as Internal Auditors
- M/s. J.K Gupta and Associates as Secretarial Auditors
Capital Structure
Following the IPO, the company's share capital increased to Rs 1,512.12 lakhs as of September 30, 2025, from Rs 1,131.00 lakhs on March 31, 2025.
Globtier Infotech continues to focus on its core business of software development and IT services, which constitutes a single reportable segment according to Accounting Standard 17.
Historical Stock Returns for Globtier Infotech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.10% | -3.33% | -8.11% | -47.00% | -47.00% | -47.00% |
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