Integrated Filing — IndAS



General information about company
Scrip Code 532808
NSE Symbol PGIL
MSEI Symbol NOTLISTED
ISIN INE940H01022
Name of company Pearl Global Industries Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 07-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 07-Aug-2025   17:00:00
End date and time of board meeting 07-Aug-2025   18:10:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 12279171000
Other income 113020000
Total income 12392191000
2 Expenses
(a) Cost of materials consumed 5336232000
(b) Purchases of stock-in-trade 1362440000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -72931000
(d) Employee benefit expense 2194618000
(e) Finance costs 273526000
(f) Depreciation, depletion and amortisation expense 197167000
(f) Other Expenses
1 other expences 2334656000 2334656000
Total other expenses 2334656000
Total expenses 11625708000
3 Total profit before exceptional items and tax 766483000
4 Exceptional items -3196000
5 Total profit before tax 763287000
6 Tax expense
7 Current tax 129683000
8 Deferred tax -21990000
9 Total tax expenses 107693000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 655594000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 655594000
17 Other comprehensive income net of taxes -98990000
18 Total Comprehensive Income for the period 556604000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 678224000
Total profit or loss, attributable to non-controlling interests -22630000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 579459000
Total comprehensive income for the period attributable to owners of parent non-controlling interests -22855000
21 Details of equity share capital
Paid-up equity share capital 229781000
Face value of equity share capital 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 14.76
Diluted earnings (loss) per share from continuing operations 14.62
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 14.76
Diluted earnings (loss) per share from continuing and discontinued operations 14.62
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) Notes to Financial Results for the quarter ended June 30, 2025:ttttt n n1. The standalone and consolidated financial results of the company for the quarter ended June 30, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 7, 2025. The Statutory Auditors of the company have carried out a Limited review on these financial results. n n2. The above financial results have been prepared in accordance with the recognition and measurement principles of accounting standards generally accepted in India, including the Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. n n3. The figures of the quarter ended March 31, 2025 as reported in these financial results are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2025 and the unaudited published year-to-date figures upto the third quarter of the respective financial year. The figures upto the end of third quarter of the previous financial year has only been reviewed and not subjected to audit. nttttt n4. The standalone operations of the company falls primarily under the manufacturing of garments which is considered to be the only reportable segment by the management. For consolidated operations, the Group has primarily four operating segments (Hongkong, Bangladesh, India and Vietnam), which have been determined and presented on geographical basis. ntttttt n5. Other income of Rs. 2594.09 Lakh in respect of standalone financial results for the quarter ended June 30, 2025, includes Dividend of Rs. 984.77 Lakh and Rs. 854.63 Lakh received from foreign subsidiaries, Norp Knit Industries Limited and Pearl Global (HK) Limited respectively. nttttt n6. The Board of Directors of the Company at its meeting held on May 20, 2025 had declared second interim dividend of Rs. 6.50/- per equity share having face value of Rs. 5/- each for the financial year 2024-25 . Such Dividend has been paid during the quarter ended June 2025. tttt n n7. Exceptional items comprised loss on sale of Property, Plant & Equipment and Investment Property aggregating to Rs. 31.96 Lakh (net) and Rs. 31.96 Lakh (net) in respect of Standalone financial results and Consolidated financial results respectively for the quarter ended June 30, 2025.ttt n n8. The Indian Parliament had approved the Code on Social Security, 2020. The Ministry of Labour and Employment has notified the draft rules under the Code on Social Security, 2020 on November 13, 2020 inviting objections and suggestions, if any, from the stakeholders. The draft rules provide for operationalization of provisions in the Code on Social Security, 2020 relating to Employees' Provident Fund, Employees' State Insurance Corporation, Gratuity, Maternity Benefit, Social Security and Cess in respect of Building and Other Construction Workers, Social Security for Unorganized Workers, Gig Workers and Platform Workers. nThe Company will assess the impact and will give appropriate accounting treatment in its financial statements in the period in which the Code on Social Security, 2020 (including the related rules framed thereunder) becomes effective.tttt n n9. Employee benefit expenses is provided for Rs. 123.02 Lakh in standalone financials and Rs. 144.02 lakh in consolidated financials against the stock options given to employees of the company/subsidiary company. During the quarter under review, 21050 shares were allotted to the eligible employees of the company on exercise of stock options.t n n10. During the quarter ended June 30, 2025, the Company through its Step-Down Subsidiary, DSSP Global Limited, Hong Kong, has acquired an additional 5% stake from the Minority Shareholder(s) in PT Pinnacle Apparels. Post this acquisition, the Company through its Step-Down Subsidiary, DSSP Global Limited, Hong Kong is now holding 89.93% stake in PT Pinnacle Apparels.tttt n n11. The unaudited results of the company for the quarter ended June 30, 2025 are also available on the Company's website (www.pearlglobal.com) and on the website of BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com).



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Hong Kong 9837816000 9837816000
2 India 2666574000 2666574000
3 Bangladesh 3304527000 3304527000
4 Vietnam 3367436000 3367436000
5 Others 776330000 776330000
Total Segment Revenue 19952683000
Less: Inter segment revenue 7673512000 7673512000
Revenue from operations 12279171000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Hong Kong 425320000 425320000
2 India 121539000 121539000
3 Bangladesh 191268000 191268000
4 Vietnam 381746000 381746000
5 Others -83060000 -83060000
Total Profit before tax 1036813000
i. Finance cost 273526000 273526000
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 763287000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Hong Kong 7266673000 7266673000
2 India 9050513000 9050513000
3 Bangladesh 7081579000 7081579000
4 Vietnam 3597061000 3597061000
5 Others 2306262000 2306262000
Total Segment Asset 29302088000 29302088000
Un-allocable Assets -3315098000 -3315098000
Net Segment Asset 25986990000 25986990000
4 Segment Liabilities
Segment Liabilities
1 Hong Kong 3185107000 3185107000
2 India 2262844000 2262844000
3 Bangladesh 3444896000 3444896000
4 Vietnam 1778021000 1778021000
5 Others 1026762000 1026762000
Total Segment Liabilities 11697630000 11697630000
Un-allocable Liabilities 2612351000 2612351000
Net Segment Liabilities 14309981000 14309981000
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) Note: Inter-segment Assets and Liabilities have been merged with Un-allocable Assets and Un-allocable Liabilities, respectively.



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss -5628000 -5628000
Total Amount of items that will not be reclassified to profit and loss -5628000
2 Income tax relating to items that will not be reclassified to profit or loss -807000
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss -89553000 -89553000
Total Amount of items that will be reclassified to profit and loss -89553000
4 Income tax relating to items that will be reclassified to profit or loss 4616000
5 Total Other comprehensive income -98990000