Integrated Filing — IndAS

General information about company
Scrip Code	000000
NSE Symbol	GLOBE
MSEI Symbol	NOTLISTED
ISIN	INE581X01021
Name of company	GLOBE TEXTILES (INDIA) LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	21-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	12-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Trading and Manufacturing of Textile items
Start date and time of board meeting	21-May-2025   13:15:00
End date and time of board meeting	21-May-2025   14:40:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-05-21
Indicate Company website link for updated RPT policy of the Company	https://globetextiles.net/wp-content/uploads/2024/04/Policy-on-Related-Party-Transaction.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
no deafult on loan

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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
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	1235845000	5242565000
	Other income	7328000	12783000
	Total income	1243173000	5255348000
2	Expenses
(a)	Cost of materials consumed	571845000	2847845000
(b)	Purchases of stock-in-trade	408607000	2043267000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	111010000	-216403000
(d)	Employee benefit expense	43158000	186243000
(e)	Finance costs	45566000	137635000
(f)	Depreciation, depletion and amortisation expense	6792000	28241000
(f)	Other Expenses
1	Other Expenses	46425000	145914000
	Total other expenses	46425000	145914000
	Total expenses	1233403000	5172742000
3	Total profit before exceptional items and tax	9770000	82606000
4	Exceptional items	0	10986000
5	Total profit before tax	9770000	93592000
6	Tax expense
7	Current tax	5276000	24576000
8	Deferred tax	1470000	647000
9	Total tax expenses	6746000	25223000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	3024000	68369000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	3024000	68369000
17	Other comprehensive income net of taxes	1535000	1824000
18	Total Comprehensive Income for the period	4559000	70193000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	900838000	900830000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		635400000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.01	0.21
	Diluted earnings (loss) per share from continuing operations	0.01	0.21
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	0.01	0.21
	Diluted earnings (loss) per share from continuing and discontinued operations	0.01	0.21
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes to the financial results n n1. The above standalone financial results have been prepared based on audited financial statements of Globe Textiles India Limited These financial results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at their respective meetings held on May 21 2025. n n2 The above standalone financial results have been prepared in accordance with the Indian Accounting Standards IND AS as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder. n n3. The Company operating segments are established in a manner consistent with the components of the Company that is evaluated regularly by the Chief Operating Decision Maker as defined in Ind AS 108 Operating Segments. The Company is engaged primarily in the business of Textile Trading and Manufacturing and there are no separate reportable segments as per Ind AS 108. n n4. Pursuant to authorization of further infusion of capital through Rights issue by the Board of Directors of the Company at its meeting held on October 23 2024 and other resolutions passed on January 10 2025 approving final letter of offer issue size fixing the right issue price right entitlement ratio in accordance with the provisions of the Companies Act 2013 and the applicable rules prescribed under the Securities and Exchange Board of India Issue of Capital and Disclosure Requirement Regulations 2018 as amended, the Company had issued 150139596 fully paid-up Equity Shares of face value of Rs. 2 each at a price of Rs. 3 per Equity Share including a premium of Rs. 1 per Equity Share aggregating to Rs. 4504.19 Lakhs on a rights basis to eligible equity shareholders in the ratio of one Equity Share for every two fully paid-up Equity Share held on the record date that is January 17 2025. These equity shares were allotted on February 13 2025. n nThe fresh allotment of equity shares through Rights Issue as stated above had resulted in an increase of equity share capital by Rs3002.79 Lakhs and securities premium reserve by Rs 1501.40 Lakhs. n n n5. The Board of Directors of the Company in its meeting held on March 08 2025, approved the acquisition of the remaining 30 percent equity shareholding in Globe Denwash Private Limited a subsidiary of the Company. Upon completion of this transaction on or before March 31 2025 Globe Denwash Private Limited has become a wholly owned subsidiary of Globe Textiles India Limited thereby increasing the Companys holding from 70 to 100 percent n n6. Pursuant to Ind AS 33 Earnings Per Share the Basic and Diluted earnings per share for the previous periods have been restated for the bonus element in respect of the Rights issue of shares made during the fourth quarter of the financial year ended March 31 2025. n n7. During the yearcyclone caused damage to small parts of the companys fabric processing unit and few plant & machinery. The company promptly filed an insurance claim to offset the impact of this disaster. After thorough assesement, the insurance company approved and disbursed a claim of Rs. 109.86 lakhs This amount has been recorded under Exceptional Items in the standalone financial results. n n8. The figures for the quarter ended March 31 2025 and March 31 2024 represent the difference between the audited figures in respect of the full financial year and the unaudited published year to date figures upto the third quarter of the financial year which were subject to limited review. n n9. The Results can also be viewed on the website of the Company on www.globetextiles.net and on the website of NSE where the Company's shares are listed i.e. at www.nseindia.com.

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

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	265768000
	Capital work-in-progress	592000
	Investment property	0
	Goodwill	0
	Other intangible assets	805000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	1348000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	328499000
	Total non-current financial assets	329847000
	Deferred tax assets (net)	14167000
	Other non-current assets	0
	Total non-current assets	611179000
2	Current assets
	Inventories	1210801000
	Current financial asset
	Current investments	0
	Trade receivables, current	1627352000
	Cash and cash equivalents	3449000
	Bank balance other than cash and cash equivalents	0
	Loans, current	169890000
	Other current financial assets	7995000
	Total current financial assets	1808686000
	Current tax assets (net)	0
	Other current assets	103141000
	Total current assets	3122628000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	3733807000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	900838000
	Other equity	635400000
	Total equity attributable to owners of parent	1536238000
	Non controlling interest
	Total equity	1536238000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	60840000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	0
	Total non-current financial liabilities	60840000
	Provisions, non-current	9946000
	Deferred tax liabilities (net)	10926000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	81712000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1309399000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	9472000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	702955000
	Total Trade payable	712427000
	Other current financial liabilities	29015000
	Total current financial liabilities	2050841000
	Other current liabilities	38989000
	Provisions, current	7100000
	Current tax liabilities (Net)	18927000
	Deferred government grants, Current	0
	Total current liabilities	2115857000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	2197569000
	Total equity and liabilites	3733807000
	Disclosure of notes on assets and liabilities

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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	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	2051000	2437000
	Total Amount of items that will not be reclassified to profit and loss	2051000	2437000
2	Income tax relating to items that will not be reclassified to profit or loss	516000	613000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	1535000	1824000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			93592000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			137635000
	Adjustments for decrease (increase) in inventories			-197326000
	Adjustments for decrease (increase) in trade receivables, current			-613934000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			12850000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			12758000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			188733000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			475000
	Adjustments for increase (decrease) in other non-current liabilities			20742000
	Adjustments for depreciation and amortisation expense			28241000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			966000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			-5127000
	Adjustments for other financial liabilities, non-current			6696000
	Adjustments for unrealised foreign exchange losses gains			263000
	Adjustments for dividend income			0
	Adjustments for interest income			1751000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-346000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-409125000
	Net cash flows from (used in) operations			-315533000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			23720000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-339253000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			326240000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			1500000
	Purchase of property, plant and equipment			12535000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			1750000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-918000
	Net cash flows from (used in) investing activities	-336443000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			427568000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			6122000
	Repayments of borrowings			-551199000
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			137695000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-169696000
	Net cash flows from (used in) financing activities			677498000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			1802000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			1802000
	Cash and cash equivalents cash flow statement at beginning of period			1648000
	Cash and cash equivalents cash flow statement at end of period			3450000

Signatory Details
Name of signatory	Bhavik Suryakant Parikh
Designation of person	Managing Director
Place	Ahmedabad
Date	21-May-2025