GB Global reports Rs 11.41 crore profit for September quarter

GB Global Limited reported unaudited standalone profit after tax of Rs 11.41 crore for the quarter ended September 30, 2026, compared with Rs 26.65 lakh a year earlier, while total income rose to Rs 65.35 crore. The filing was made by DLH after GB Global’s amalgamation and dissolution without winding up.

What did GB Global report for the September 2026 quarter?

GB Global reported standalone profit after tax of Rs 11.41 crore for the quarter ended September 30, 2026, after profit before tax of Rs 13.58 crore. Total comprehensive income was Rs 10.70 crore, below net profit because the statement includes other comprehensive income after tax. The published extract identifies the figures as unaudited standalone results.

GB Global’s total income for the quarter was Rs 65.35 crore, while its paid-up equity share capital remained Rs 50.03 crore. Basic and diluted earnings per share were both Rs 2.28, calculated on equity shares with a face value of Rs 10 each. The results were reviewed by the Board of Directors of DLH on behalf of GB Global on November 13, 2026.

The September-quarter statement contains no exceptional or extraordinary item adjustment between its reported profit before tax and profit after exceptional or extraordinary items: both pre-tax measures were Rs 13.58 crore. GB Global said the financial results were prepared under Indian Accounting Standards, or Ind AS, prescribed under Section 133 of the Companies Act, 2013.

How did GB Global’s profit and income change from prior periods?

GB Global’s standalone profit after tax increased from Rs 1.80 crore in the quarter ended June 30, 2026 to Rs 11.41 crore in the September quarter. Total income increased by Rs 21.78 crore over the same sequential comparison, from Rs 43.57 crore to Rs 65.35 crore, while profit before tax rose from Rs 2.33 crore to Rs 13.58 crore.

Against the quarter ended September 30, 2025, GB Global’s profit after tax rose from Rs 26.65 lakh to Rs 11.41 crore. Total income increased from Rs 33.40 crore in the year-earlier quarter to Rs 65.35 crore in the latest quarter, and profit before tax increased from Rs 81.78 lakh to Rs 13.58 crore. Earnings per share rose from Rs 0.05 to Rs 2.28.

The statement also presents consolidated figures separately from the standalone results. Consolidated profit after tax was Rs 30.34 crore in the September 2026 quarter, compared with Rs 20.82 crore in the June 2026 quarter and a consolidated loss of Rs 43,000 in the September 2025 quarter. Consolidated total income was Rs 145.19 crore, versus Rs 119.22 crore sequentially and Rs 33.20 crore a year earlier.

Are these GB Global results or DLH results?

These are GB Global’s financial results, filed by DLH on behalf of GB Global rather than as results for the entire DLH business. The merger note says the continuing filings are intended to cover GB Global’s operations only and to keep stock-exchange records complete until its shares are delisted.

GB Global was amalgamated with DLH under an order of the National Company Law Tribunal, Mumbai Bench, dated August 12, 2026. GB Global and DLH received the certified copy of that order on September 1, 2026 and filed it with the Registrar of Companies, Mumbai, in e-Form INC-28 on September 11, 2026.

The tribunal order provided that GB Global was dissolved without winding up, and the Ministry of Corporate Affairs master data records its status as “Amalgamated.” Under the scheme, GB Global’s assets, liabilities, rights and obligations transferred to and vested in DLH. The September-quarter result therefore preserves a separate operating disclosure despite GB Global no longer existing as a legal entity.

What happens to GB Global’s listed shares after the amalgamation?

GB Global’s equity shares remain listed on the National Stock Exchange of India Limited and BSE Limited, but the filing says they were not allowed to trade while procedural compliance and the delisting process remain incomplete. Clause 3.3 of the scheme requires the shares to be delisted under the Securities and Exchange Board of India Delisting of Equity Shares Regulations, 2021.

DLH will take the steps, submit documents and provide undertakings requested by the exchanges because GB Global cannot perform issuer actions after its dissolution. DLH said it had sought guidance through emails and telephone discussions, but had not received specific guidance or a definitive resolution from the exchanges as of the November 13, 2026 filing date.

DLH also undertook to provide additional information requested by the exchanges, address shareholder grievances including those received through the Securities and Exchange Board of India Complaints Redress System, or SCORES, and take steps needed to complete delisting. The company reserved the right to seek directions from the tribunal under Section 231 of the Companies Act, 2013 if needed to implement the scheme.

Conclusion

GB Global’s September 2026 standalone results show profit after tax of Rs 11.41 crore on total income of Rs 65.35 crore, compared with Rs 26.65 lakh of profit and Rs 33.40 crore of income in the September 2025 quarter. The sequential comparison also shows higher profit and income than the June 2026 quarter, but the reported figures remain those of GB Global’s operations rather than the full DLH business.

The next disclosed matter to watch is completion of the required delisting of GB Global’s shares. DLH has assumed responsibility for filings, shareholder grievances and exchange documentation, but said it had not received definitive exchange guidance as of November 13, 2026, leaving the procedure and timing unresolved.