Globe Enterprises (India) Limited Reports 33 Percent Revenue Growth in Q1 FY27; Order Book Provides Visibility for Q2
Globe Enterprises (India) Limited reported a 33% revenue increase in Q1 FY27, reaching INR 166.68 crore. Despite strong growth, profitability was impacted by rising raw material and logistics costs, though the company maintains a healthy order book for the next quarter.
Why it matters
The report illustrates the current challenges faced by manufacturing firms in balancing rapid revenue growth with inflationary cost pressures.
Ahmedabad, Gujarat, India – Business Wire India
Globe Enterprises (India) Limited, formerly known as Globe Textiles (India) Limited, has announced its Q1 FY27 financial results, reporting strong revenue growth alongside continued expansion of its business capabilities.
The Company recorded revenue of INR 166.68 crore in Q1 FY27 , up 32.7% YoY from INR 125.56 crore in Q1 FY26. Total revenue stood at INR 167.35 crore, while EBITDA was INR 8.54 crore and PBT stood at INR 3.52 crore.
The revenue growth was supported by enhanced garment manufacturing capacity commissioned during the previous year, enabling the Company to cater to higher volumes across domestic and export markets. Profitability, however, remained under pressure due to a 15 - 20% increase in raw material costs , coupled with higher logistics and shipping expenses.
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