Globale Tessile Limited returns to Q2 profit on Rs 14.39 crore revenue

Globale Tessile Limited returned to profit in the quarter ended September 30, 2026, reporting profit after tax of Rs 33.88 lakh on revenue from operations of Rs 14.39 crore. The result followed losses of Rs 12.33 lakh in the preceding June quarter and Rs 25.82 lakh a year earlier, while operating revenue rose from Rs 11.22 crore and Rs 2.75 crore, respectively.

How did Globale Tessile perform in Q2 FY2026-27?

Globale Tessile reported a profit after tax of Rs 33.88 lakh for the quarter ended September 30, 2026, reversing losses in both comparison quarters. Profit before tax was Rs 45.23 lakh, compared with a loss before tax of Rs 16.49 lakh in the June 2026 quarter and a loss before tax of Rs 30.13 lakh in the September 2025 quarter. Tax expense for the latest quarter was Rs 11.35 lakh.

Revenue from operations reached Rs 14.39 crore, an increase of Rs 3.17 crore from Rs 11.22 crore in the preceding quarter and Rs 11.64 crore from Rs 2.75 crore a year earlier. Other income was Rs 10.14 lakh, down from Rs 15.97 lakh in Q1 FY2026-27 and Rs 14.90 lakh in Q2 FY2025-26. Total revenue was therefore Rs 14.49 crore, compared with Rs 11.38 crore sequentially and Rs 2.90 crore in the comparable prior-year quarter.

Globale Tessile recorded total comprehensive income of Rs 33.85 lakh in the September 2026 quarter after an other comprehensive loss of Rs 0.03 lakh. Total comprehensive income had been a loss of Rs 12.35 lakh in the June 2026 quarter and a loss of Rs 25.96 lakh in the prior-year quarter. Basic and diluted earnings per share were Rs 0.32, versus losses per share of Rs 0.12 and Rs 0.24, respectively.

What changed in Globale Tessile's costs and earnings?

Globale Tessile generated its Q2 profit because total revenue of Rs 14.49 crore exceeded total expenditure of Rs 14.04 crore. Total expenditure increased from Rs 11.54 crore in Q1 FY2026-27 and Rs 3.20 crore in Q2 FY2025-26, in line with the expansion in operating revenue. The resulting profit from operations before exceptional items and tax was Rs 45.23 lakh.

Cost of material consumed and trading purchases was the largest expense at Rs 10.32 crore, up from Rs 8.92 crore in the preceding quarter and Rs 1.60 crore a year earlier. Other expenses were Rs 3.05 crore, compared with Rs 2.88 crore in Q1 and Rs 55.25 lakh in Q2 FY2025-26. Changes in inventories were an expense of Rs 2.62 lakh in the latest quarter, following a Rs 0.14 lakh inventory reduction in Q1 and a Rs 62.23 lakh expense a year earlier.

Employee benefit expense was Rs 19.59 lakh, compared with Rs 18.11 lakh in Q1 FY2026-27 and Rs 17.75 lakh in the year-earlier quarter. Finance cost was Rs 14.70 lakh, lower than Rs 25.38 lakh in the June quarter and Rs 21.83 lakh in Q2 FY2025-26. The September-quarter statement reported no exceptional or extraordinary items, leaving profit before tax unchanged at Rs 45.23 lakh through those lines.

How did Globale Tessile perform in the first half?

Globale Tessile reported first-half profit after tax of Rs 21.56 lakh for the half year ended September 30, 2026, compared with a loss of Rs 61.98 lakh in the corresponding prior-year half. Profit before tax was Rs 28.75 lakh, reversing a loss before tax of Rs 76.93 lakh. The six-month result combines a profitable September quarter with the loss recorded in the June quarter.

Revenue from operations for the half year was Rs 25.61 crore, up from Rs 3.79 crore in the corresponding half of FY2025-26. Total revenue rose to Rs 25.87 crore from Rs 4.05 crore, while total expenditure increased to Rs 25.58 crore from Rs 4.82 crore. Cost of materials and trading purchases reached Rs 19.24 crore, compared with Rs 2.16 crore in the prior-year half.

Total comprehensive income for the six months was Rs 21.50 lakh after an other comprehensive loss of Rs 0.06 lakh. In the corresponding prior-year half, total comprehensive income was a loss of Rs 62.18 lakh. Paid-up equity share capital was unchanged at Rs 10.62 crore, with a face value of Rs 10 per equity share.

Globale Tessile identified one reportable operating segment under Indian Accounting Standard 108, or Ind AS 108, for the quarter ended September 30, 2026. It therefore did not provide separate revenue, profit or asset figures by product, geography or customer category. The filing also states that it had no subsidiary, associate or joint venture as of September 30, 2026.

What did Globale Tessile's cash flow and balance sheet show?

Globale Tessile used Rs 1.26 crore in operating activities during the half year ended September 30, 2026, despite reporting operating profit before working-capital changes of Rs 45.16 lakh. The cash-flow statement includes a Rs 10.19 crore negative movement under trade receivables and a Rs 6.43 crore increase in trade payables. It also records a Rs 1.21 crore decrease in inventories and Rs 75.30 lakh decrease in other current assets.

Cash and cash equivalents were Rs 2.62 lakh at September 30, 2026, down from Rs 5.61 crore at the beginning of the financial year. Investing activities generated Rs 1.12 crore, including Rs 86.34 lakh from net withdrawal of or investment in fixed deposits and Rs 26.07 lakh of interest received. Financing activities used Rs 5.44 crore, comprising Rs 5.29 crore under short-term borrowings and Rs 40.10 lakh of interest paid, partly offset by Rs 25 lakh of long-term borrowings.

Total assets stood at Rs 26.62 crore at September 30, 2026, compared with Rs 25.13 crore at March 31, 2026. Equity increased to Rs 9.80 crore from Rs 9.59 crore, while total liabilities rose to Rs 16.81 crore from Rs 15.54 crore. Current borrowings declined to Rs 5.02 crore from Rs 10.31 crore, whereas trade payables increased to Rs 11.43 crore from Rs 5 crore.

Was the September 2026 result reviewed?

Globale Tessile's unaudited results for the second quarter and half year were reviewed by its audit committee and approved by its board on October 30, 2026. Jain Chowdhary & Co., Chartered Accountants, carried out the limited review as statutory auditor. The company said the statements were prepared under Indian Accounting Standards and the Securities and Exchange Board of India listing regulations.

The filing says previous-period figures were regrouped, restated or rearranged wherever necessary to facilitate comparison. It also says tax expense includes current and deferred tax provisions. The board meeting that approved the results commenced at 5 p.m. and concluded at 6.45 p.m. on October 30, 2026.

Conclusion

Globale Tessile's September-quarter figures show a return to profit alongside higher revenue: operating revenue reached Rs 14.39 crore and profit after tax was Rs 33.88 lakh, following losses in both the June 2026 and September 2025 quarters. The first half also moved into profit, with Rs 21.56 lakh after tax against a Rs 61.98 lakh loss in the corresponding prior-year period.

What remains to watch is the cash and working-capital position disclosed in the filing. The half year ended with Rs 1.26 crore of operating cash outflow and cash equivalents of Rs 2.62 lakh, even as current borrowings declined and trade payables increased. Globale Tessile disclosed no earnings target, expansion plan or forward guidance in its October 30, 2026 results announcement.