PNN
Mumbai (Maharashtra) [India], November 4: Infomerics Valuation and Ratings Pvt. Ltd. has revised the outlook of Globe Civil Projects Limited’s long-term bank facilities from Stable to Positive while reaffirming the rating at IVR BBB. The short-term rating of IVR A3+ has also been reaffirmed
The revision reflects the company’s strengthened capital structure post its ₹119 crore IPO, improved profitability, and a robust order book of ₹1,001 crore, providing healthy revenue visibility.
– FY25 Revenue: ₹325.99 crore (+11% YoY)
– EBITDA Margin: 16.43% (vs 15.10% in FY24)
– PAT: ₹24.05 crore (+57% YoY)
For more details: https://nsearchives.nseindia.com/corporate/GLOBE2024_30102025140140_INTIMATION.pdf
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)
Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News
HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages
