Globe Commercials News

Globe Multi Ventures Reports Rs 506 Crore Quarterly Profit, Revenue Rises to Rs 2,135 Crore

Globe Multi Ventures Limited reported quarterly results with revenue from operations reaching Rs 2,135 crore and net profit of Rs 506 crore for the quarter ended June 30, 2025. The company operates in agricultural commodities trading through its single business segment. Revenue decreased from Rs 1,967 crore in the same quarter last year, while profit declined from Rs 736 crore year-over-year. The company's earnings per share stood at Rs 0.24 compared to Rs 12.26 in the previous year quarter. Major expenses included purchase of stock-in-trade at Rs 1,881 crore and changes in inventories of Rs 147 crore. The results were reviewed by statutory auditors who issued an unmodified conclusion. The company's consolidated results include subsidiary Co-options Corporation Private Limited and step-subsidiaries Mahaveer Impex and Suryateja Enterprises.

Globe Multi Ventures Approves Consolidated Unaudited Financial Results for Quarter Ended December 31, 2024

Globe Multi Ventures Ltd's Board of Directors approved and released consolidated unaudited financial results for the quarter ended December 31, 2024, during a board meeting held on February 14, 2025. The meeting commenced at 3:00 PM and concluded at 3:45 PM at the company's corporate office. The results were accompanied by a Limited Review Report. The consolidated results include Co-options Corporation Private Limited, which is a subsidiary of Globe Multi Ventures. The independent auditor SMV& CO provided a review report stating that nothing came to their attention suggesting the financial statement contains material misstatements or fails to comply with required disclosure regulations.

Globe Multi Ventures Ltd Approves Quarterly Financial Results

Globe Multi Ventures Ltd's Board of Directors approved the standalone unaudited financial results for the quarter ended June 30, 2025, along with the Limited Review Report. The board meeting was held on August 13, 2025, at the company's corporate office, commencing at 3:00 PM and concluding at 3:45 PM. The company was formerly known as Globe Commercials Ltd and trades under scrip code 540266.