The Board has considered and approved the unaudited financial results of the Company for the quarter ended June 30, 2025 at its meeting held on August 11, 2025
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The board of Globus Power Generation Ltd approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) at its meeting on August 11, 2025. The company reported zero revenue from operations and negligible other income, with total expenses of ₹13.79 lakhs (vs ₹16.08 lakhs in Q1 FY25) leading to a loss before exceptional items of ₹13.79 lakhs. An exceptional item of ₹9.50 lakhs narrowed the pre-tax loss to ₹3.99 lakhs, resulting in a net loss after tax of ₹3.98 lakhs, an improvement from a ₹16.39 lakh loss in Q1 FY25. Employee benefit expenses more than doubled YoY (₹3.18 lakh to ₹7.22 lakh). The auditor DR & Associates issued an unqualified limited review report. The board also re-appointed two independent directors, appointed a new independent director (Mr. Sunil Rai), and cleared drafts for the 40th AGM.
The company continues to post losses with no operating revenue, though the net loss narrowed significantly YoY partly due to exceptional items. Shareholders should note the absence of revenue generation and dependence on one-off items to reduce losses, which remains a key concern for the stock.