Globale Tessile
13.63
-0.01(-0.07%)
Market Cap₹14.50 Cr
PE Ratio-
IndustryTextiles
Company Performance:
1D-0.07%
1M0.00%
6M-40.06%
1Y-81.47%
5Y-81.47%
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Latest news about Globale Tessile
Globale Tessile Reports 94% Revenue Decline but Triples Net Profit in Q1 2 days ago
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.