Globale Tessile Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of Globale Tessile Limited has approved the financial results for the quarter and half-year ended September 30, 2024. For Q2 FY2024-25, revenue from operations stood at ₹177.32 crore, with total revenue at ₹178.40 crore. The company reported a profit before tax of ₹39.90 crore and a total comprehensive income of ₹25.42 crore. The results reflect the impact of the recent demerger, which has vested the Trading Textiles Division into Globale Tessile Limited since April 1, 2022.