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Global Surfaces LimitedResults, 14-02-2025: Integrated Filing- Financial

14-02-2025 | 01:29 pm

Global Surfaces Limited has reported its financial results for the quarter and nine months ended December 31, 2024. For the standalone results, revenue from operations stood at ₹327.66 crore, while profit after tax was ₹21.77 crore. The consolidated results showed a revenue of ₹460.61 crore, but the company experienced a loss after tax of ₹110.43 crore, largely due to challenges in international markets impacting subsidiary performance. While the company is continuing to utilize IPO proceeds effectively for capital expenditures, the negative consolidated results may weigh on investor sentiment, posing potential risks amid operational adjustments.

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