GB Global Limited — Others, 15-11-2024: Copy of Newspaper Publication

GB Global Limited has announced a board meeting to review its unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2024. The results indicate total income of approximately ₹5,638.42 crore, with a net loss of ₹1,165.99 crore for the quarter. The expectation is that the losses may raise concerns among investors regarding the company’s profitability and operational efficiency. The results have been prepared in accordance with Indian Accounting Standards, reflecting ongoing challenges in the market. Overall, the financial performance suggests a cautious approach for investors moving forward.