1. Re-appointment of M/s Jain Sharma & Associates, Cost Accountants (FRN; 000270) as a Cost Auditor of the Company for the financial year 2026-27 2. Re-appointment of M/s Rajnish & Associates, ....
GLOBECIVIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Globe Civil Projects Limited reported audited standalone results for FY2025-26 with total income of Rs 5,003.4 million, up 42% from Rs 3,513.7 million in the previous year. However, profit before tax declined to Rs 312.34 million from Rs 332.37 million, and profit after tax fell to Rs 238.01 million from Rs 240.61 million. The company conducted an IPO in July 2025 raising Rs 1,190 million through fresh equity share issuance. The Board re-appointed M/s Jain Sharma & Associates as Cost Auditor and M/s Rajnish & Associates as Internal Auditor for FY2026-27. Statutory auditors Jagdish Chand & Co issued an unmodified (clean) opinion on both standalone and consolidated financial statements.
While the company achieved strong revenue growth of 42%, profitability declined marginally and operating cash flow remained significantly negative at Rs 538.9 million (standalone), indicating working capital stress despite IPO proceeds. The clean audit opinion provides assurance on financial reporting integrity.