Globe Textiles (India) Limited — Board Meeting, 08-02-2025: Outcome of Board Meeting

The Board has approved the standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The results show a total income of approximately ₹146.55 crore and total expenses of around ₹137.08 crore, resulting in a profit before tax of approximately ₹9.47 crore. The financial performance reflects stable operations despite challenges, with the Board reviewing ongoing strategies and operational efficiency improvements. Additionally, the Rights Issue was fully subscribed, with further details on equity share allotment processes currently underway.