GLOT has reported significant losses with a net loss of Rs 743, raising concerns about its financial stability
Filed as: Financial Results for the Quarter Ended 31 March 2025
Summary
GLOT has reported significant losses with a net loss of Rs 743, raising concerns about its financial stability.
Read the original filingFigures in the filing
| Item | This period | Period before | Change |
|---|---|---|---|
| Net (loss) / profit for the period | -743 | — | — |
| Accumulated loss | -129779 | -127358 | +1.9% |
| Total Assets | 50414 | 50384 | +0.1% |
Amounts are in Pakistani rupees as stated in the filing (M = million, B = billion).
What the filing says
- The company recorded a net loss of Rs 743 for the period, indicating ongoing financial challenges.
- Accumulated losses increased to Rs -129,779 from Rs -127,358, reflecting a worsening financial position.
- Operating profit also showed a loss of Rs 743, highlighting operational inefficiencies.
More GLOT announcements
- NoticeTransmission of Quarterly Report for the Period Ended 31 December, 2025
- NoticeTransmission of Quarterly Report for the Period Ended 31st December, 2025
- Financial resultGlobe Textile Mills Limited reported a net loss of Rs 1.84 million for the half year ended December 31, 2025Filed as: Financial Results for the Quarter Ended 31st December, 2025
- NoticeBoard Meeting
- NoticeBoard Meeting
- NoticeBoard Meeting
Source: GLOT's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.