Globe Textiles India’s Q2, FY24 net sales increased by 33.44 per cent to Rs 147.96 crore as against Rs 110.88 crore in Q2, FY23.

The company’s net profit increased by 106.37 per cent to Rs. 3.55 crore during the quarter ended September 2024 as against Rs 1.72 crore in the quarter ended September 2023. Its EBITDA rose by 28.59 per cent to Rs 9.31 crore during the quarter as against Rs. 7.24 crore during Q2, FY23 ended September 2023.

Globe Textiles’ EPS increased to Rs. 0.13 in September 2024 from Rs. 0.06 in September 2023. This growth is attributed to the company’s operational efficiency, optimised product mix, and expanded garment processing capacity. Focusing on sustainability, the company incorporates features like a Zero Liquid Discharge system and solar energy in their operations

A prominent player n the Indian textile industry, Globe Textiles India specialises in a wide range of products such as denim and non-denim fabrics, shirting fabrics, printed fabrics, home textiles, and garments for men and women. For Autumn/Winter 2024-2025, the company offers innovative products, including premium denim, dyed shirting fabrics, and a variety of printed textiles, showcasing a blend of style and sustainability.