Globe Civil Projects Announces Unaudited Financial Results for Quarter Ended June 30, 2026
Globe Civil Projects Limited has released the unaudited financial results for the quarter ended June 30, 2026. The Company's Board of Directors approved the standalone and consolidated financial results following a meeting held on August 12, 2026. These results reflect the operational performance across the company and its group entities.Standalone Performance Highlights
The unaudited standalone financial results for Globe Civil Projects Limited show significant income figures for the quarter ended June 30, 2026. Revenue from Operations stood at 91841, while the Company reported Other Income of 6.18. Total income was recorded at 924.59.The company's expenses were detailed across multiple categories, including Cost of Material Consumed (35144), and Finance Costs (4030). Net Profit for the quarter was reported as 71.60.
A limited review report by independent auditors confirmed that the statement adhered to prescribed Indian Accounting Standards. The company's operating segment was identified as 'Engineering, Procurement & Construction' (EPC) based on internal reporting measures.
Consolidated Results and Group Performance
For the consolidated results of the Group, revenue from operations for the quarter ended June 30, 2026, was 43080. Other Income was reported at 619, leading to a total income figure of 4469.The Company reported a Net Profit attributable to Owners of the Parent in the consolidated results as 7091. The consolidated financial statements encompass the Group's proportionate share from six Joint Ventures and include a shared loss of (0.68) million related to an Associate for the quarter ended June 30, 2026.
IPO Proceeds Utilization Status
The utilization of net IPO proceeds is detailed as follows:| Particulars | Amount per Offer Document (Million) | Utilization as on 30 June 2026 (Million) | Balance/Unutilized (Million) |
|---|---|---|---|
| Capital Expenditure | 142.55 | 112.90 | 29.65 |
| Working capital requirements | 750.00 | 750.00 | 0.00 |
| General corporate purpose | 171.30 | 154.40 | 16.90 |
| Issue related expenses | 126.15 | 125.90 | 0.25 |
| Total | 1,190.00 | 1,143.20 | 46.80 |
The unutilized balance of 46.80 million is maintained in banks as fixed deposits, including accrued interest.
Cost of Construction Details
Cost of Construction figures across the reported periods show substantial expenditure in various components, indicating intensive operational activity. The total cost of construction for the quarter ended June 30, 2026, stood at 383.59 (in millions), a notable figure compared to the previous year's ending period.Key components contributing to Cost of Construction include:
| Particulars | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|
| Wages and Subcontractors | 355.92 | 791.19 | 2080.86 |
| Hiring Charges of Construction equipment | 15.95 | 14.49 | 43.79 |
| Project Construction Consultancy | 0.52 | 8.57 | 25.99 |
| Total Cost of Construction | 383.59 | 824.21 | 2190.90 |
The financial results for the quarter ended March 31, 2026, are balancing figures derived from audited annual data and unaudited year to date figures up to December 31, 2025, which were subject to limited review by statutory auditors.
GLOBECIVIL Stock Price Movement
Globe Civil Projects Limited shares on Wednesday slipped by 1.92% to settle at ₹43.11, reflecting a decline of ₹0.85 during the session. The stock traded 153,450 shares as it closed below its previous trading range.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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