Globe Enterprises (India) Limited reported strong consolidated financials for Q2 FY2025–26, with Profit After Tax (PAT) soaring 219.94% to ₹446.38 lakh, driven by improved margins and sharper operational efficiency. Revenue for the September quarter stood at ₹15,856.26 lakh, marking a 6.81% rise from the previous quarter.
Managing Director Bhavik Parikh said the results reflect the company’s focus on efficiency and market expansion despite industry-wide cost pressures. “With improving demand conditions, we are confident of sustaining the growth trajectory in the coming quarters,” he added. In Kolkata, analysts noted a steady rise in demand for value-added fabrics and home textiles ahead of the winter and festive retail cycle. Globe Enterprises’ diversified portfolio and stable supply capabilities are expected to strengthen its position in the highly competitive eastern region, where textile distributors have reported increased enquiries linked to upcoming seasonal orders.
The Board approved several corporate developments, including renaming the company from Globe Textiles (India) Ltd. to Globe Enterprises (India) Ltd. Promoter Bhavik Suryakant Parikh purchased 45 lakh equity shares worth ₹1.28 crore on November 12, reinforcing confidence in long-term growth.