Globe Textiles (India) standalone net profit rises 71.05% in the March 2024 quarter

Sales decline 8.57% to Rs 100.61 crore

Net profit of Globe Textiles (India) rose 71.05% to Rs 1.30 crore in the quarter ended March 2024 as against Rs 0.76 crore during the previous quarter ended March 2023. Sales declined 8.57% to Rs 100.61 crore in the quarter ended March 2024 as against Rs 110.04 crore during the previous quarter ended March 2023.

For the full year,net profit rose 27.49% to Rs 5.75 crore in the year ended March 2024 as against Rs 4.51 crore during the previous year ended March 2023. Sales rose 7.21% to Rs 428.22 crore in the year ended March 2024 as against Rs 399.42 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales100.61110.04 -9 428.22399.42 7 OPM %4.012.67 -4.694.43 - PBDT3.401.55 119 11.028.55 29 PBT2.710.83 227 8.235.67 45 NP1.300.76 71 5.754.51 27

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