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Latest news about Globe Civil Projects

Globe Civil Projects Wins Court Case, ₹23.81 Lakh Recovery Suit Dismissed Nov 19, 2025

Globe Civil Projects Limited (GCPL) has won a legal case where the District Court dismissed a ₹23.81 lakh recovery suit filed by legal heirs of P.D. Verma. The court ruled that GCPL had fulfilled its payment obligations for completed work. The judgment, delivered on November 15, 2025, found the suit to be without cause of action. The case involved a dispute over plumbing works at the Indian Institute of Management, Lucknow (Noida Campus). The court cited lack of evidence, delayed billing, absence of completion certificate, and questionable third-party certification as reasons for dismissal.

Globe Civil Projects Reports Strong Q2 Growth, Order Book Crosses Rs 1,000 Crores Nov 15, 2025

Globe Civil Projects Receives Credit Rating Outlook Upgrade to Positive Oct 30, 2025

Globe Civil Projects Secures Rs. 13.11 Crore Contract for NIT Delhi Sports Complex Sep 22, 2025

Globe Civil Projects Secures ₹13.11 Crore EPC Contract for NIT Delhi Sports Complex Sep 19, 2025

More news about Globe Civil Projects

28Aug 25

Globe Civil Projects Reports Rs. 1,000 Crore Order Book, Targets 20-25% Annual Growth

Globe Civil Projects Limited announced a robust order book of Rs. 1,000 crores and secured new orders worth Rs. 450 crores within 55 days of its IPO listing. The company reported Q1 consolidated revenue of Rs. 67.70 crores, with an EBITDA of Rs. 11.88 crores and a PAT of Rs. 5.05 crores. Management projects 20-25% revenue growth for the next 3-5 years, aiming to double turnover in 4-5 years. The company focuses on government-funded projects across 11 states, specializing in complex infrastructure segments like railway bridges, airports, and hospitals. Globe Civil Projects plans to initiate dividend payments and maintains a strategy of disciplined growth and selective bidding.

21Aug 25

Globe Civil Projects' Order Book Surpasses ₹1,000 Crore Milestone

Globe Civil Projects, a key player in civil engineering and construction, has announced that its order book value has exceeded ₹1,000 crore. The company's market capitalization stands at ₹490.00 crore. An earnings call for the quarter ended June 30 is scheduled for August 25 at 4:00 PM (IST), featuring key management personnel including the Chairman, Managing Director, and CFO.

16Aug 25

Globe Civil Projects Reports Mixed Q1 Results: 68% Revenue Growth but 79% Drop in Net Profit

Globe Civil Projects Limited announced its Q1 financial results, showing a 67.8% increase in standalone total income to ₹651.33 crore, but a 79% decrease in net profit to ₹50.58 crore. The company secured new orders worth ₹450 crore in the last 45 days, with a current order book of approximately ₹1,000 crore. Key projects include contracts for IIT Kanpur, Central University of Punjab, and an international cricket stadium in Haryana. The company has streamlined operations to focus on the EPC segment, which now contributes nearly 99% of profits.

14Aug 25

Globe Civil Projects Secures Rs 222.20 Crore Contract for International Cricket Stadium in Haryana

Globe Civil Projects Limited (GCPL) has won a Rs 222.20 crore contract to construct an International Cricket Stadium in Lohat, Jhajjar, Haryana, to be completed in 24 months. For Q1 FY2026, GCPL reported consolidated revenue of Rs 673.50 million and net profit of Rs 50.50 million. The company has not yet utilized its recent IPO proceeds of Rs 119 crore, which are allocated for working capital, capital expenditure, and corporate purposes.

14Aug 25

Globe Civil Projects Reports Q1 FY26 Results: Revenue Declines Amid Post-IPO Transition

Globe Civil Projects Limited, an EPC sector company, reported a significant revenue decline in Q1 FY26. Standalone revenue decreased by 34.28% QoQ to ₹65.13 crore, while consolidated revenue fell 45.65% to ₹67.35 crore. Net profit declined by about 19% QoQ on both standalone and consolidated basis. The company completed its IPO during the quarter, raising ₹1,190 crore. Post quarter-end, Globe Civil Projects secured a ₹222.20 crore contract for constructing an international cricket stadium in Haryana.

29Jul 25

Globe Civil Projects Reports 56% Profit Surge, Eyes Larger Government Contracts

Globe Civil Projects Limited announced impressive financial results for FY 2024-25, with total revenue reaching ₹381.57 crores (13.96% YoY growth) and net profit soaring to ₹24.05 crores (56.39% YoY growth). The company's EBITDA stood at ₹56.59 crores with a margin of 14.83%. The debt-equity ratio improved from 1.60 to 1.40, with a further reduction to below 0.70 post-IPO. Globe Civil Projects maintains a robust order book of ₹850 crores and is pursuing larger projects in the ₹300-500 crore range, focusing on government infrastructure projects. Management expects 15-25% annual growth in the coming years.

22Jul 25

Globe Civil Projects Reports 105% Surge in Net Profit for FY2025

Globe Civil Projects Limited announced strong financial results for FY2025, with net profit soaring 105% to ₹310.51 million. Revenue from operations increased by 10.5% to ₹3,259.92 million. The company's EPC segment remains the primary revenue driver. Basic EPS stood at ₹5.52. Globe Civil Projects also completed its IPO on July 1, 2025, issuing 1,67,60,560 equity shares at ₹71 per share, and is now listed on NSE and BSE.

21Jul 25

Globe Civil Projects Secures Rs 172.99 Crore Contract, Boosting Business Prospects

Globe Civil Projects has been awarded a significant contract valued at Rs 172.99 crore, as confirmed by a Letter of Award. This development is expected to boost the company's revenue, enhance its market position, and potentially improve operational efficiencies. The contract win may also positively impact investor confidence by demonstrating the company's competitiveness in securing large-scale projects.

19Jul 25

Globe Civil Projects Secures ₹172.99 Crore Contract for Central University of Punjab Infrastructure

Globe Civil Projects Limited has been awarded a Letter of Award for a ₹172.99 crore infrastructure project at the Central University of Punjab. The contract, awarded by NBCC (India) Ltd., involves constructing academic buildings, residential facilities, and campus development. The project includes a 400-seater Girls Hostel, 600-seater Boys Hostel, Academic Block, 100-seater international students hostel, Vice Chancellor's residence, and external development works. The total project cost, including GST, is ₹193.13 crore, with a completion period of 21 months.

04Jul 25

Globe Civil Projects Secures Lowest Bid for ₹709.20 Crore IIT Kanpur Project

Globe Civil Projects has positioned itself as the frontrunner for a major infrastructure project at IIT Kanpur by submitting the lowest bid. The project is valued at ₹709.20 crore, highlighting its significant scale. While specific project details are undisclosed, it's expected to involve advanced facilities or campus developments. This potential contract could substantially boost Globe Civil Projects' order book and enhance its market presence in the educational and public sectors.