GLOBE2025-04-012025-06-30GLOBE2025-04-012025-06-30in-capmkt:OtherExpenses1MemberGLOBE2025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares000000GLOBENOTLISTEDINE581X01021Globe Textiles (India) LimitedMain BoardEquity2025-04-012026-03-312025-08-072025-07-31INRLakhsQuarterlyFirst quarterSingle segmentTrading and Manufacturing of Textile items2025-08-0711:00:002025-08-0712:15:00Not applicable2025-04-012025-06-30UnauditedConsolidated1482779000170800014844870007206970004914990006623600054792000431950001249500070877000145979100024696000024696000850000022440001074400001395200000001395200055100014503000139520000551000090083800020.030.03000.030.031. 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 August 07 2025. The statutory auditors of parent company have carried out limited review of the same. <BR> <BR> 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. <BR> <BR> 3.The Groups 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. <BR> <BR> 4.On April 30 2025 the Parent Company entered into an agreement for the sale of its Printing Plant and Machinery to Ms Maruti Textiles Mill Ahmedabad for a total consideration of Rs. 90.48 lakhs. The transaction does not constitute a related party transaction under applicable regulations. The divestment was driven by sustained underperformance of the asset due to technological obsolescence declining operational efficiency and frequent maintenance interruptions. Consequently a loss of approximately Rs. 264.42 lakhs has been recognised in the financial results for the period. This strategic decision is aligned with the Companys objective to streamline operations by rationalising non core assets. <BR> <BR> 5.The Board of Directors of Parent Company at its meeting held on July 11 2025 upon the recommendation of the Audit Committee and the Independent Directors has approved a draft Scheme of Arrangement in the nature of a Demerger. pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act 2013 and rules made thereunder. In terms of the proposed Scheme the Online Business Undertaking of the Company comprising inter alia the brands INDIGENX and ORIJEAN shall stand transferred to and vest in the Resulting Company as a going concern. The Scheme is subject to necessary statutory and regulatory approvals including the approval of the Hon’ble National Company Law Tribunal NCLT. The Appointed Date for the Scheme shall be April 01 2025 or such other date as may be mutually agreed upon by the parties and approved by the Honble NCLT. <BR> <BR> 6.Key numbers of standalone financial results of the Parent Company for the quarter ended June 30 2025 are as under Rs. In lakhs <BR> Sr. No. Particulars Quarter Ended Year Ended <BR> 30 Jun 25 31 Mar25 30 Jun 24 31 Mar 25 <BR> Unaudited Unaudited Unaudited Audited <BR> a Continuing operations <BR> <BR> I Total Income 12570.01 12431.74 11483.25 52553.49 <BR> II Profit Loss after tax 91.36 30.2 197.68 683.69 <BR> <BR> b Total Comprehensive Income 95.92 45.5 198.65 701.93 <BR> <BR> <BR> 7. The Results can also be viewed on the website of the Company on www.globetextiles.net and on the website of NSE where the Companys shares are listed i.e. at www.nseindia.com <BR> Other Expenses70877000Items that will not be reclassified to profit and loss7360007360001850000551000