Globe Civil Projects Announces Impressive Growth in FY25 Earnings Post-IPO
Globe Civil Projects Limited reported a notable growth in its standalone and consolidated earnings for FY25, highlighted by a 56.39% increase in PAT. The company's focus on its EPC segment drove a 26.16% revenue rise, bolstering its position as a key player in infrastructure projects across India.
- Country:
- India
New Delhi, July 23: Globe Civil Projects Limited has announced its audited financial results for the fourth quarter of FY25 and the entire fiscal year 2024-25, revealing substantial growth in income and profits post-IPO.
The standalone total income soared to ₹328.84 crore, marking a year-on-year (YoY) increase of 10.70%, while its EBITDA reached ₹56.41 crore, a climb of 20.74%. Profit After Tax (PAT) also saw a significant rise of 56.39%, settling at ₹24.05 crore.
Consolidated results mirrored this upward trend with total income at ₹381.57 crore, a YoY increase of 13.96%, and an EBITDA of ₹56.59 crore, surging by 19.62%. The company's strategic emphasis on its core Engineering, Procurement, and Construction (EPC) segment facilitated a revenue surge of 26.16%, underscoring its expertise in executing diverse infrastructure projects.
(With inputs from agencies.)
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