Garware Marine Industries Ltd — Important, 31-10-2025: Company Update

Garware Marine Industries' board approved the financial results for the quarter and half-year ended September 30, 2025. The company reported a profit of 0.003 Cr for the quarter and 0.0571 Cr for the half-year. Additionally, the company issued a Corporate Guarantee of 10 Cr on behalf of Global Offshore Services Ltd. (GOSL) for a 40 Cr term loan from Kotak Mahindra Bank. The company will receive a commission for this guarantee, indicating a new revenue stream and a commitment for GOSL's financing. This impacts the company's financial standing by potentially increasing its contingent liabilities and future earnings.