Financial Performance Summary
Q2 FY27 Financial Results:
- Total Revenue: ₹21,028.35 lakhs (vs. ₹15,856.26 lakhs in Q2 FY26) - 32.62% YoY growth
- EBITDA: ₹1,176.15 lakhs (vs. ₹944.69 lakhs in Q2 FY26) - 24.50% YoY growth
- PBT: ₹520.04 lakhs (vs. ₹415.72 lakhs in Q2 FY26) - 25.09% YoY growth
H1 FY27 Financial Results:
- Total Revenue: ₹39,511.34 lakhs (vs. ₹30,701.13 lakhs in H1 FY26) - 28.70% YoY growth
- EBITDA: ₹2,135.27 lakhs (vs. ₹1,748.55 lakhs in H1 FY26) - 22.12% YoY growth
- PBT: ₹889.78 lakhs (vs. ₹662.68 lakhs in H1 FY26) - 34.27% YoY growth
Management Commentary
Mr. Bhavik Suryakant Parikh, Chairman and Managing Director:
- Company continues to strengthen integrated fashion and apparel operations spanning fabric manufacturing, garment production and processing
- Through subsidiary Globe Denwash Private Limited, offers garment washing, finishing and value-added processing
- Exploring new segments within ecosystem including technical textiles and chemicals
- Focus on business diversification and expanding offerings
Mr. Bhavin Parikh, Chief Executive Officer (CEO) & Chief Financial Officer (CFO):
- Provided specific financial performance metrics for both Q2 and H1 periods
- Confirmed the growth rates reported in the financial highlights
Business Overview
Globe Enterprises (India) Limited is an integrated fashion and apparel company based in Ahmedabad, Gujarat, established in 1995. Product portfolio includes:
- Denim fabrics
- Non-denim fabrics
- Garments
- Voile
- Prints
- Knits
- Other value-added textile products
The Company undertakes garment washing, finishing and value-added processing through its wholly owned subsidiary, Globe Denwash Private Limited.