Globe International Carriers Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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Globe International Carriers Limited, an NSE SME-listed logistics company, reported its audited FY25 results on May 21, 2025. Standalone revenue from operations rose to Rs. 15,654 lakhs from Rs. 11,450 lakhs in FY24, a growth of about 37%. Standalone profit after tax nearly doubled to Rs. 491 lakhs from Rs. 247 lakhs, and basic EPS improved to Rs. 1.97 from Rs. 0.99. Consolidated PAT stood at Rs. 480 lakhs versus Rs. 256 lakhs last year, with the 100% subsidiary Intraglobe Green Energy contributing a small loss. The statutory auditor M/s Gourisaria Goyal & Co. issued an unmodified (clean) opinion on both standalone and consolidated results. The company also disclosed board approval to acquire a 51% stake in Govind Kripa Infratech Pvt Ltd for Rs. 29.43 crore through a share swap.
Strong double-digit revenue and profit growth, along with a clean audit opinion, is a positive signal for shareholders. The share-swap acquisition of Govind Kripa Infratech signals expansion but will dilute equity, so investors should watch integration and post-acquisition performance.