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 Consolidated 1515921000.00 27267000.00 1543188000.00 1038430000.00 537234000.00 -205776000.00 54948000.00 35683000.00 12950000.00 32275000.00 1505744000.00 37444000.00 0.00 37444000.00 8040000.00 263000.00 8303000.00 0.00 29141000.00 0.00 0.00 0.00 0.00 29141000.00 77000.00 29218000.00 25187000.00 3954000.00 25261000.00 3957000.00 600558000.00 2 0.10 0.10 0.00 0.00 0.10 0.10 0.00 0.00 0.00 1.The aforesaid consolidated financial results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of Globe Textiles (India) Limited ( Parent Company ) at their respective meetings held on February 08, 2025. The statutory auditors of parent company have carried out limited review of the same. 2.The above consolidated 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.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. Additionally In Y 23-24 A fire severally damage subsidiary factory premises and inventories temporary distrupting operation. The net loss from this incidence off set by insurance claim of Rs 437.49 Lakhs was also classified as Exceptional items in financial result 4.The group's operating segments are established in a manner consistent with the components of the group that is evaluated regularly by the Chief Operating Decision Maker as defined in Ind AS 108 - 'Operating Segments’. The group is engaged primarily in the business of Textile Trading and Manufacturing and there are no separate reportable segments as per Ind AS 108. 5.On April 24, 2024, the Company has acquired a 70% stake in Globe Denwash Private Limited, a company specializing in garment washing, finishing, and manufacturing. As a result, the same is qualified as common control transaction, the financial information in respect of previous periods has been restated in accordance with INDAS 103 as if investment had been made from the beginning of the previous periods presented. 6.Pursuant to the authorization for an additional capital infusion through a Rights Issue, as approved by the Board of Directors at its meeting held on October 23, 2024, and subsequent resolutions passed on January 10, 2025, sanctioning the final Letter of Offer, issue size, Rights Issue price, and entitlement ratio, the Company has undertaken a Rights Issue in compliance with the provisions of the Companies Act, 2013, the rules prescribed thereunder, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. Under this Right issue, the company has offered up to 150139596 fully paid up equity shares with a face value of Rs.2 each at an issue price of Rs.3 per share (Inclusive of Rs.1 premium per share), aggregating up to Rs.4504.18 lakh The issue was offered on a right basis to eligible equity shareholders in the ratio of one equity share for every two fully paid-up equity shares held as of the record date, January 17,2025 The Rights Issue, which closed on February 6, 2025, was fully subscribed. The process for determining the basis of allotment of equity shares is currently under process. 7.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. 8.The figures for the quarter ended December 31, 2023, the nine month ended December 31, 2023, and the year ending March 31, 2024, are unaudited and have been certified by the management. Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 4239779000.00 70587000.00 4310366000.00 2462722000.00 1634661000.00 -327413000.00 177234000.00 108702000.00 38513000.00 108721000.00 4203140000.00 107226000.00 10986000.00 118212000.00 19300000.00 4557000.00 23857000.00 0.00 94355000.00 0.00 0.00 0.00 0.00 94355000.00 323000.00 94678000.00 85651000.00 8704000.00 85964000.00 8714000.00 600558000.00 2 0.31 0.31 0.00 0.00 0.31 0.31 0.00 0.00 0.00 Other Expenses 32275000.00 Other Expenses 108721000.00 113000.00 432000.00 36000.00 109000.00 0.00 0.00