GB Global Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting
29-05-2025 | 08:10 pm
29-05-2025 | 08:10 pm
GB Global has announced a board meeting on which it approved the audited consolidated financial results. The company posted consolidated revenue of Rs 65.7 Cr for the quarter, with a profit before tax of Rs 10.55 Cr and net profit of Rs 10.1 Cr. Key moves include appointing new cost, secretarial, and internal auditors. The board also authorized the MD to finalize a voluntary delisting tied to a merger with Dev Land & Housing Pvt Ltd. Auditors flagged issues around inventory and reconciliation of payables/receivables.
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