Globale Tessile Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Globale Tessile has announced a board meeting on the financial results for the quarter and half-year. The company reported total revenue of ₹49.07 Cr for the year, down from ₹54.27 Cr last year, with a net loss of ₹0.77 Cr compared to profit last year. A major fire at Mahalaxmi Fabric Mills disrupted supply chains, impacting operations. On the upside, cash from operations remained healthy at ₹7.08 Cr, boosting net cash by ₹0.27 Cr. No dividend or fundraising plans were shared.