Latest news about Globale Tessile
Globale Tessile
13.35
+0.49(+3.81%)
Company Performance:
View Company Insights1D+3.81%
1M-5.32%
6M+6.80%
1Y-20.06%
5Y-81.85%
More news about Globale Tessile
01Apr 26
Globale Tessile Limited Announces CFO Sumit Agarwal's Resignation Effective April 7, 2026
Globale Tessile Limited has announced the resignation of Chief Financial Officer Mr Sumit Agarwal, effective April 7, 2026. The resignation was tendered on March 31, 2026, with career advancement cited as the primary reason. The company has complied with SEBI disclosure requirements, providing formal intimation to stock exchanges along with required documentation and regulatory annexures.
12Feb 26
Global Tessile Limited Reports Q3FY26 Net Loss of ₹37.2 Lacs, Revenue Drops to ₹271.83 Lacs
Global Tessile Limited reported Q3FY26 results showing a net loss of ₹37.2 lacs, improved from ₹51.02 lacs loss in Q3FY25. However, revenue declined sharply to ₹271.83 lacs from ₹1213.17 lacs year-on-year. For nine months, the company posted ₹99.19 lacs net loss with ₹676.83 lacs total income. The results were approved by the Board on February 11, 2026.
12Nov 25
Globale Tessile Limited Reports Reduced Losses in Q2 FY2026
Globale Tessile, a textile company, reported improved financial results for H1 FY2026 ending September 30, 2025. The company reduced its loss before tax to ₹76.93 lakhs from ₹106.44 lakhs year-over-year, a 27.7% improvement. However, revenue from operations significantly decreased to ₹379.13 lakhs from ₹3,647.01 lakhs in the same period last year. Total assets increased to ₹2,581.52 lakhs, while current liabilities rose to ₹1,541.83 lakhs. The company's equity declined to ₹1,036.57 lakhs. Globale Tessile operates in a single business segment as per AS 108. The financial results were reviewed by M/s. Jain Chowdhary & Co., Chartered Accountants, with no material misstatements found.
25Sept 25
Globale Tessile Limited Strengthens Leadership with New CFO and Company Secretary Appointments
Globale Tessile Limited has announced two key appointments: Sumit Agarwal as Chief Financial Officer and Palak Bhavsar as Company Secretary and Compliance Officer, both effective September 25, 2025. Agarwal, an Inter Chartered Accountant with over eight years of experience, will oversee finance and accounts. Bhavsar, a certified Company Secretary with legal expertise, will manage corporate governance and compliance. The Board of Directors approved these appointments, which are expected to enhance the company's financial management and regulatory compliance.
05Sept 25
Globale Tessile Limited's Company Secretary Resigns, Citing Career Growth
CS Dhaval Nagar, Company Secretary and Compliance Officer of Globale Tessile, has resigned effective September 15, 2025. Nagar cited pursuit of professional growth and better career opportunities as reasons for his departure. The resignation was announced by Chairman Jeetmal B. Parekh in compliance with SEBI regulations.
18Aug 25
Globale Tessile Reports 94% Revenue Decline but Triples Net Profit in Q1
Globale Tessile Limited, a Gujarat-based textile company, reported a 94.44% year-on-year decline in total income from operations, falling to ₹104.17 lakhs from ₹1,873.78 lakhs. However, net profit after tax increased by 178.87% to ₹36.17 lakhs, up from ₹12.97 lakhs in the same quarter last year. Earnings per share rose to ₹0.34 from ₹0.14. The company's equity share capital remained stable at ₹1,062.03 lakhs. Net profit before tax decreased to ₹4.68 lakhs from ₹51.57 lakhs, suggesting the improved after-tax profit may be partly due to tax-related factors.
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