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Globe Textiles (India) standalone net profit declines 65.22% in the December 2022 quarter

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Capital Market

Sales decline 30.18% to Rs 74.81 crore

Net profit of Globe Textiles (India) declined 65.22% to Rs 0.48 crore in the quarter ended December 2022 as against Rs 1.38 crore during the previous quarter ended December 2021. Sales declined 30.18% to Rs 74.81 crore in the quarter ended December 2022 as against Rs 107.14 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales74.81107.14 -30 OPM %5.873.91 -PBDT1.372.26 -39 PBT0.661.95 -66 NP0.481.38 -65

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First Published: Feb 14 2023 | 7:42 AM IST

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