Globe Textiles sees net profits rise 53.7% in FY25 Q3

Apparel and textile business Globe Textiles reported a 53.7%increase in its net profits in the third quarter of the 2025 financial year to total Rs 291.42 lakh ($354,000) compared to Rs 189.55 lakh in the third quarter of the 2024 fiscal year. 

Globe Textiles’ revenue totalled Rs 15,159.21 lakh in the third quarter of the 2025 financial year which ended on December 31, 2024, Apparel Resources reported. This represented a 46.2% year on year increase, up from Rs 10,367.19 lakh in the third quarter of the 2024 financial year and the business attributed this rise to its operational functioning and volume growth. 

The business’ revenue increased by 20.8% during the first nine months of the 2025 financial year, coming in at Rs 42,397.79 lakh compared to Rs 35,095.74 lakh during the same time period a year prior. Globe Textiles’ net profit increased by 56.6% during the first three quarters of the current fiscal year with a total of Rs 943.55 lakh and the business is confident that it will continue to grow. 

Globe Textiles India Limited was established in 1995 and is based in Ahmedabad, according to its website. The business’ product portfolio includes garments, yarns, home textiles, and fabrics and it processes over 20,000 units per day. Counting over 5,000 global customers, Globe Textiles has over 350,000 square feet of infrastructure.