Financial Results for the Year ending March 2025
GICL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Globe International Carriers Limited, a Jaipur-based logistics company listed on the NSE SME platform, reported strong growth for FY25. Standalone revenue from operations rose about 37% to ₹15,654 lakhs from ₹11,450 lakhs in FY24. Standalone profit after tax nearly doubled to ₹491 lakhs (₹1.97 per share) from ₹247 lakhs (₹0.99 per share). Consolidated numbers were broadly similar, with PAT at ₹480 lakhs. Operating cash flow was positive at ₹989 lakhs (standalone). The statutory auditor M/s Gourisaria Goyal & Co. issued a clean (unmodified) opinion on both standalone and consolidated results. The company also disclosed a major acquisition: buying 51% of Govind Kripa Infratech Pvt Ltd for about ₹29.43 crore via a share swap of roughly 30.7 lakh equity shares at ₹95.90 each.
This is a positive set of results with strong top-line and bottom-line growth, a clean audit report, and an ambitious acquisition that could expand the business beyond pure logistics. Short-term shareholder reaction is likely to be supportive, though the share-swap acquisition and subsidiary's solar foray add execution risk to watch going forward.