Announced Thu, 12 Feb · 12:22 IST

Outcome of the Board Meeting held on 12th February, 2026 i.e. considered and approved the Unaudited Financial Results of the Company for the Quarter ended December 31, 2025

Going ConcernPat NegativeExceptional ItemResults View source PDF

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AI summary

The Board of Directors of Globus Power Generation Limited (formerly Globus Constructors & Developers Ltd) approved the unaudited financial results for Q3 FY26 and nine months ended 31 December 2025 at a meeting held on 12 February 2026. Strikingly, Revenue from Operations stands at NIL for every reported period — the current quarter, previous quarter, year-ago quarter, nine-month figures, and even the audited FY25 figure. The company posted a loss before exceptional items and tax of Rs 5.41 lakh in Q3 FY26 and Rs 10.80 lakh for 9M FY26. However, exceptional items of Rs 12.28 lakh in Q3 (Rs 30.15 lakh for 9M FY26) helped swing the quarter to a small profit after tax of Rs 2.39 lakh, though 9M FY26 PAT remains marginally negative at Rs (0.35) lakh. Statutory auditors D R & Associates issued an unmodified limited review report.

Likely market impact

With zero operating revenue in every period and dependence on exceptional items to show profit, the company's core business appears non-operational, raising serious going-concern and sustainability questions for shareholders. The stock is likely to see negative sentiment unless the company clarifies its business revival plans and the nature of recurring exceptional items.