Date: September 12, 2026
Regulatory Compliance Update
Globe Civil Projects Limited submitted a corrective disclosure regarding an inadvertent omission of one page (containing Point No. 4) from the Consolidated Limited Review Report for the quarter ended June 30, 2026, which was originally submitted to the stock exchanges. The omission was identified after BSE Limited raised an observation/query. The company confirmed this was purely inadvertent and did not involve any change in the Financial Results or substance of the Limited Review Report. The complete Limited Review Report has been resubmitted to both BSE and NSE.
Financial Results Notes
The consolidated financial results include:
- Only one reportable segment: "Engineering, Procurement & Construction" (EPC) as per Ind AS 108
- IPO proceeds utilization as of June 30, 2026: ₹1,143.20 million utilized out of ₹1,190.00 million, with ₹46.80 million unutilized balance in fixed deposits including accrued interest
- Breakdown of cost of construction for Q1 FY2027: ₹383.59 million total, including wages and subcontractors (₹355.92 million), hiring charges of construction equipment (₹15.95 million), generator running expenses (₹5.48 million), and electricity/power/water charges (₹4.69 million)
- Previous period figures have been regrouped/reclassified where necessary
Board Meeting & Approval
The consolidated financial results were approved by the Audit Committee and Board of Directors at their meetings held on August 12, 2026.