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

Globe Textiles (India) Ltd has announced a board meeting on May 21, 2025, approving consolidated financial results for the quarter and year ended March 31, 2025. The company maintained steady profitability with a net profit margin near 1.9% and ROE around 7.2%. It strengthened governance by appointing M/s K Jatin & Co. as Secretarial Auditor for five years and M/s Shefali R Sheth & Co. as Internal Auditor for FY2025-26. Operational metrics like inventory and receivables turnover remain healthy, indicating solid working capital management.