Integrated Filing- Financial

Globale Tessile Limited has announced a board meeting to review the financial results for the quarter and nine months ended December 31, 2024. The unaudited results show total revenue of ₹1213.17 crore, a decline from the previous quarter's ₹1784.00 crore, with a profit before tax of ₹-68.19 crore.

Notably, a significant fire incident at Mahalaxmi Fabric Mills has damaged inventories, but the loss will be assessed by MEML.

This announcement may influence investor sentiment negatively due to operational setbacks, but the company remains focused on recovery and operational efficiency moving forward.