https://www.taxtmi.com/news?id=35020 Globe Textiles recorded significant year-on-year revenue and net profit growth for the quarter and nine months ended December 31, 2024, driven by volume growth, cost optimisation and a focused product mix. An oversubscribed rights issue will fund expansion, R&D and working capital; management cites the Globe Denwash acquisition and investments in technology transfer, capacity expansion for fashion-based tops, and sustainability initiatives as key to sustaining growth and enhancing market value. en-us Mon, 24 Feb 2025 12:31:03 +0530 Mon, 24 Feb 2025 12:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35020 Globe Textiles recorded significant year-on-year revenue and net profit growth for the quarter and nine months ended December 31, 2024, driven by volume growth, cost optimisation and a focused product mix. An oversubscribed rights issue will fund expansion, R&D and working capital; management cites the Globe Denwash acquisition and investments in technology transfer, capacity expansion for fashion-based tops, and sustainability initiatives as key to sustaining growth and enhancing market value. News - Mon, 24 Feb 2025 12:31:03 +0530 https://www.taxtmi.com/news?id=35020