Globe Textiles (India) Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

Globe Textiles (India) Ltd. has announced a board meeting on which it approved the consolidated financial results for the quarter and year ended March 31, 2025. Revenue remained steady, with a net profit margin of 1.91%. The company delivered an 18.3% return on capital employed and 7.2% return on equity, reflecting solid operational efficiency. Key board decisions include appointing M/s K Jatin & Co. as Secretarial Auditor for five years and M/s Shefali R Sheth & Co. as Internal Auditor for FY 2025-26, boosting governance. No dividends or capital raising plans were mentioned.