Globus Power Generation Q2 FY27 results: net loss widens to ₹0.06 crore

How did Globus Power Generation perform in Q2 FY27?

Globus Power Generation reported standalone revenue of ₹0 crore for Q2 FY27, unchanged from both Q2 FY26 and Q1 FY27. EBITDA was a loss of ₹0.26 crore, compared with a loss of ₹0.12 crore a year earlier and ₹0.16 crore in the previous quarter. No EBITDA margin was reported because revenue was ₹0 crore.

The company reported a profit before tax of a loss of ₹0.06 crore and a net loss of ₹0.06 crore for Q2 FY27. The year-ago quarter recorded a net loss of ₹0.04 crore, while Q1 FY27 recorded a net loss of ₹0.03 crore. Basic EPS was not reported for Q2 FY27; the comparative quarters reported basic EPS of ₹0. The figures are standalone, and no consolidated result was provided.

What changed in Globus Power Generation's costs and profit?

Total expenses rose ₹0.14 crore year on year to ₹0.26 crore, an increase of 116.7%. Employee cost increased ₹0.07 crore, or 87.5%, to ₹0.15 crore, while other expenses increased ₹0.07 crore, or 175.0%, to ₹0.11 crore. Cost of materials, finance costs and depreciation were unchanged at ₹0 crore; other income was also unchanged at ₹0 crore.

Against Q1 FY27, total expenses increased ₹0.10 crore, or 62.5%, to ₹0.26 crore. Employee cost rose ₹0.07 crore, or 87.5%, to ₹0.15 crore, and other expenses rose ₹0.02 crore, or 22.2%, to ₹0.11 crore. The company recorded a ₹0.20 crore exceptional-item gain, compared with ₹0.13 crore in Q1 FY27 and ₹0.08 crore in Q2 FY26; tax expense was ₹0 crore.

What do the balance sheet and cash flow show?

At 30 September 2026, total assets were ₹8.04 crore, compared with ₹8.10 crore on 31 March 2026, while total equity was ₹7.95 crore against ₹8.01 crore. The company reported no borrowings, while cash increased from ₹0.02 crore to ₹0.03 crore. Inventories, trade receivables and trade payables remained at ₹0 crore.

For H1 FY27, operating, investing and financing cash flows were each ₹0 crore, with capital expenditure also at ₹0 crore. In H1 FY26, operating cash flow was negative ₹0.01 crore, while investing and financing cash flows and capital expenditure were ₹0 crore. The filing did not provide a closing cash figure for either period.

How has Globus Power Generation done over the last 8 quarters?

Revenue was ₹0 crore in each quarter shown from Q3 FY25 through Q2 FY27. Profit after tax bottomed at a loss of ₹0.11 crore in Q3 FY25 and reached its highest level in the series at ₹3.93 crore in Q4 FY25, before returning to losses of ₹0.04 crore in Q2 FY26, ₹0.03 crore in Q1 FY27 and ₹0.06 crore in Q2 FY27. The latest result therefore shows a wider loss than the preceding quarter.

What else did the company announce?

The board approved Devesh Bhargava’s appointment as an additional non-executive independent director on 29 October 2026, subject to shareholder approval, for a term running through 28 October 2031. It also approved Thamattoor Prabhakaran Nair’s resignation as independent director with effect from the close of business on 30 October 2026; Nair cited personal reasons and other professional commitments.

The board approved a draft notice for a postal ballot covering certain special businesses, appointed Soniya Gupta & Associates as scrutiniser for the proposed postal ballot, and appointed NSDL as the electronic securities depository for the e-voting process. The same-day filing did not announce a dividend or a fund raise.

How did Globus Power Generation shares react?

How did other Power Generation companies do?

Fourteen other Power Generation companies had filed for the quarter by 4 November 2026. Their median revenue growth was 17.2%, while 11 of the 14 companies reported higher profit. The available data does not provide counts for peers growing faster or slower than Globus Power Generation.