GLOBE2024-10-012024-12-31 GLOBE2024-10-012024-12-31 GLOBE2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member GLOBE2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member GLOBE2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 000000 GLOBE NOTLISTED Globe Textiles (India) Limited Equity 2024-04-01 2025-03-31 2025-02-08 2025-02-01 INR Lakhs Third quarter 10:15:00 11:35:00 2025-02-08 2025-02-08 Not applicable Single segment Trading and Manufacturing of Textile itemsn 2024-10-01 2024-12-31 Unaudited Standalone 1463529000.00 1835000.00 1465364000.00 996653000.00 537233000.00 -205776000.00 43804000.00 31408000.00 7205000.00 29558000.00 1440085000.00 25279000.00 0.00 25279000.00 8040000.00 1277000.00 9317000.00 0.00 15962000.00 0.00 0.00 0.00 0.00 15962000.00 66000.00 16028000.00 0.00 0.00 600558000.00 2 0.05 0.05 0.00 0.00 0.05 0.05 0.00 0.00 0.00 1. The above standalone financial results have been prepared based on unaudited financial statements of Globe Textiles (India) Limited ( Company ). These standalone 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 February 08, 2025.The Statutory auditors of the company have carried out limited review for the same. 2. 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 3. The Company's 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 4. 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 allotment of Rights issue of equity shares made during the fourth quarter of the financial year ended March 31, 2024. 5. During the financial year ending March 31, 2024, the company's fabric processing unit and certain plant and machinery sustained damage due to a cyclone. In response, the company submitted an insurance claim to mitigate the financial impact of this event. Following a comprehensive assessment, the insurance provider approved a claim amounting to Rs. 109.86 lakhs, which has been recognized as Exceptional Items in the standalone financial results for the current period. 6. 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 thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, the Company has issue upto 15,01,39,596 fully paid-up Equity Shares of face value of Rs. 2 each for cash at a price of Rs. 3 per Equity Share (including a premium of Rs. 1 per Equity Share) aggregating to Rs. 4,504.18 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. The Rights Issue for the company, which closed on 6th February 2025, was fully subscribed. The process for determining the basis of allotment of equity shares is currently in progress. 7. The Standalone Financial results are available at the Company's website https://globetextiles.net and on the website of NSE where the Company's shares are listed i.e. at www.nseindia.com. Single segment 2024-04-01 2024-12-31 Unaudited Standalone 4006720000.00 5455000.00 4012175000.00 2276000000.00 1634661000.00 -327413000.00 143085000.00 92069000.00 21449000.00 99489000.00 3939340000.00 72835000.00 10986000.00 83821000.00 19300000.00 -822000.00 18478000.00 0.00 65343000.00 0.00 0.00 0.00 0.00 65343000.00 289000.00 65632000.00 0.00 0.00 600558000.00 2 0.22 0.22 0.00 0.00 0.22 0.22 0.00 0.00 0.00 Other Expenses 29558000.00 Other Expenses 99489000.00 98000.00 386000.00 32000.00 97000.00 0.00 0.00