Globe International Carriers Approves Unaudited Q1 Financial Results for June 30, 2026
Globe International Carriers Limited announced that its Board of Directors approved and took on record the Unaudited Standalone and Consolidated Financial Results for the first quarter and three months ended June 30, 2026. The results include a Limited Review Report conducted by Statutory Auditors, which confirmed the unmodified opinion on the financial statements.The consolidated results provide an overview of the company's financial performance during the period. Management reported that the unaudited consolidated quarterly financial results were reviewed and approved by the Audit Committee and the Board of Directors at their meeting held on August 14, 2026.
The group includes Globe International Carriers Ltd., Intraglobe Green Energy Pvt Ltd (a 100% subsidiary), and Govind Kripa Infratech Pvt Ltd (a 51% subsidiary). The consolidated results incorporate the financial data from these entities.
Financial Highlights for Q1 FY 2026-27
The unaudited Consolidated Financial Results reflect significant operational figures:| Particulars | Total Income (Rs. in Lakhs) | Total Expenses (Rs. in Lakhs) | Profit Before Tax (Rs. in Lakhs) | Net Profit attributable to Owners of the Company (Rs. in Lakhs) |
|---|---|---|---|---|
| Quarter Ended June 30, 2026 | 3718.21 | 499.70 | 3218.51 | 185.33 |
The earnings per share (EPS) for the quarter ended June 30, 2026 stood at Rs. 0.14 basic and Rs. 0.63 diluted.
Subsidiary Performance and Segment Reporting
The consolidated financial results contain the unaudited financial results of the two subsidiaries mentioned above, which were converted from accounting principles generally accepted in India by the Holding Company's management.Data regarding subsidiary performance includes:
- Intraglobe Green Energy Pvt Ltd (100% Subsidiary): The Group's share of total revenue was Rs. 7.28 Lakhs, while the Group's share of total net profit/(loss) after tax for the period from April 1, 2026, to June 30, 2026, was Rs. (0.51) Lakhs.
- Govind Kripa Infratech Pvt Ltd (51% Subsidiary): The Group's share of total revenue was Rs. 189.40 Lakhs, and the Group's share of total net profit/(loss) after tax for the same period was Rs. (46.83) Lakhs.
The company also provided a Statement of Consolidated Segment Information for the Quarter ended June 30, 2026, identifying two primary reportable segments: Logistics and Real Estate. For Q1 of FY 2026-27, the segment results reported were as follows:
| Particulars | Logistics (Rs. in Lakhs) | Real Estate (Rs. in Lakhs) | Consolidated Total (Rs. in Lakhs) |
|---|---|---|---|
| Segment Revenue | 51.33 | 1.42 | 27.17 |
The results of the unaudited consolidated financial statements, including both the review report and the segment information, are available on the company's website.
GICL Stock Price Movement
Today, shares of Globe International Carriers Limited edged higher to settle at ₹23.05, gaining 1.58% in post-market trading. The stock saw active movement through the session, with over 411,359 shares changing hands during the day.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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