Globtier Infotech Board Approves FY26 Audited Financial Results on May 11, 2026

Globtier Infotech Limited held its board meeting on May 11, 2026, at its registered office in Noida, Uttar Pradesh, as previously intimated to BSE. The board approved the standalone and consolidated audited financial results for the half year and financial year ended March 31, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board also took note of the statutory auditor's report and a declaration confirming an unmodified audit opinion from M/s Sri Prakash & Co., Chartered Accountants (FRN: 002058C). The meeting commenced at 03:00 PM (IST) and concluded at 05:00 PM (IST).

Key Board Decisions

In addition to approving the financial results and statements, the board accepted the resignation of Mr. Sandeep Gupta as Chief Financial Officer, which had been earlier intimated to the stock exchanges on April 16, 2026. The filing was signed by Shivani Gupta, Company Secretary & Compliance Officer (M. No.: A77513). The audited financial results are available on the company's website at https://globtierinfotech.com/ .

Standalone Financial Performance

On a standalone basis, Globtier Infotech reported a decline in revenue from operations for the full year, alongside a narrowed net loss compared to the prior year. The following table summarises the key standalone financial results:

Metric: FY26 (Audited) FY25 (Audited) Revenue from Operations: ₹7,304.62 lakhs ₹9,422.69 lakhs Other Income: ₹63.07 lakhs ₹42.59 lakhs Total Income: ₹7,367.69 lakhs ₹9,465.28 lakhs Total Expenses: ₹7,183.01 lakhs ₹8,698.60 lakhs Profit Before Tax: ₹184.68 lakhs ₹766.68 lakhs Net Profit/(Loss): ₹(29.34) lakhs ₹(603.62) lakhs Basic EPS (₹10 face value): ₹0.99 ₹5.34 Diluted EPS (₹10 face value): ₹0.99 ₹5.34

For the second half of the year (six months ended March 31, 2026), standalone revenue from operations stood at ₹3,090.44 lakhs, with a net loss of ₹39.61 lakhs, compared to revenue of ₹5,294.56 lakhs and a net loss of ₹33.11 lakhs in the corresponding period of the prior year.

Standalone Balance Sheet Highlights

The standalone balance sheet as at March 31, 2026 reflects a significant strengthening of the equity base, primarily driven by the company's Initial Public Offering (IPO). Key balance sheet metrics are presented below:

Parameter: March 31, 2026 (Audited) March 31, 2025 (Audited) Share Capital: ₹1,512.12 lakhs ₹1,131.00 lakhs Reserves and Surplus: ₹3,101.04 lakhs ₹900.77 lakhs Total Equity: ₹4,613.16 lakhs ₹2,031.77 lakhs Total Non-Current Liabilities: ₹137.36 lakhs ₹187.75 lakhs Total Current Liabilities: ₹988.28 lakhs ₹3,152.60 lakhs Total Non-Current Assets: ₹1,592.04 lakhs ₹1,002.13 lakhs Total Current Assets: ₹4,146.77 lakhs ₹4,370.00 lakhs Total Assets: ₹5,738.80 lakhs ₹5,372.13 lakhs

Short-term borrowings declined sharply to ₹78.04 lakhs from ₹1,077.95 lakhs, reflecting the utilisation of IPO proceeds for debt repayment. Cash and bank balance stood at ₹307.53 lakhs as at March 31, 2026.

Consolidated Financial Performance

The consolidated results include the performance of Globtier Infotech Limited along with its subsidiaries — Botgo Technologies Private Limited (India, 77.14% stake), Globtier USA LLC (USA, 99.99% stake), and Globtier UK Limited (UK, 100% stake). The consolidated financials are summarised below:

Metric: FY26 (Audited) FY25 (Audited) Revenue from Operations: ₹7,535.93 lakhs ₹9,438.96 lakhs Other Income: ₹50.50 lakhs ₹42.05 lakhs Total Income: ₹7,586.42 lakhs ₹9,481.01 lakhs Total Expenses: ₹7,431.50 lakhs ₹8,741.28 lakhs Profit Before Tax: ₹154.92 lakhs ₹739.74 lakhs Net Profit/(Loss): ₹90.46 lakhs ₹577.37 lakhs Profit attributable to owners: ₹104.81 lakhs ₹583.25 lakhs Minority Interest: ₹(14.35) lakhs ₹(5.88) lakhs Basic EPS (₹10 face value): ₹0.67 ₹5.10 Diluted EPS (₹10 face value): ₹0.67 ₹5.10

Consolidated total assets stood at ₹5,724.28 lakhs as at March 31, 2026, compared to ₹5,393.06 lakhs in the prior year. Consolidated cash and bank balance improved to ₹361.88 lakhs from ₹343.07 lakhs.

IPO Proceeds Utilisation

The company completed its IPO of 43,12,000 equity shares at an issue price of ₹72 per share (face value ₹10 each), comprising a fresh issue of 38,11,200 shares and an offer for sale of 5,00,800 shares. The equity shares were listed on the SME platform of BSE Limited on September 2, 2025. The company received net IPO proceeds of ₹2,744.06 lakhs from the fresh issue, all of which have been fully utilised as at March 31, 2026:

Objects of the Issue: Amount Proposed (₹ lakhs) Amount Utilised (₹ lakhs) Unutilised (₹ lakhs) Working Capital Requirements: 1,150.00 1,150.00 - Loan Repayment/Prepayment: 830.00 830.00 - General Corporate Purpose: 409.06 409.06 - IPO Issue Expenses: 355.00 355.00 - Total: 2,744.06 2,744.06 -

IPO-related expenses totalled ₹355.00 lakhs, of which ₹296.19 lakhs were adjusted against the securities premium.

Trading Window and Regulatory Compliance

The trading window for dealing in the company's securities, which had been closed for all designated persons since March 26, 2026, will reopen 48 hours after the declaration of the audited financial results. During the closure period, dealings in the company's shares by designated and connected persons, including their relatives, remain strictly prohibited under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company is incorporated under CIN L72900UP2012PLC142156 and is formerly known as Globtier Infotech Private Limited.

Globtier infotech Limited has announced the resignation of its Chief Financial Officer, Mr. Sandeep Gupta, who submitted his resignation on April 16, 2026, to pursue opportunities outside the organization. The company disclosed this information to BSE Limited in compliance with regulatory requirements under SEBI (LODR) Regulations 2015.

Resignation Details and Timeline

Mr. Sandeep Gupta tendered his resignation as Chief Financial Officer and Key Managerial Personnel via email on April 16, 2026. The resignation follows recent discussions between Gupta and the company's leadership regarding his career aspirations outside the organization.

Parameter: Details Resignation Date: April 16, 2026 Last Working Day: May 13, 2026 Notice Period: Until close of business hours Reason: Pursue opportunities outside organization Method: Email submission

Transition and Continuity

To ensure business continuity, Mr. Gupta will continue to discharge his responsibilities as Chief Financial Officer until the close of business hours on May 13, 2026. This transition period allows the company to make necessary arrangements for a smooth handover of duties and responsibilities.

In his resignation email, Gupta expressed gratitude for his tenure at Globtier Infotech Limited, describing it as "both enriching and rewarding." He acknowledged the guidance, support, and opportunities provided by the Board members and senior leadership team during his association with the organization.

Regulatory Compliance

The company has made the disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement also complies with:

SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

The disclosure was signed by Shivani Gupta, Company Secretary & Compliance Officer, and submitted to the Corporate Governance Department of BSE Limited. The company has also enclosed a copy of the resignation letter along with detailed reasons for the resignation as required by regulatory guidelines.

Management Response

Rajiv Shukla, representing the company's management, acknowledged and accepted the resignation in his email response on the same day. The acceptance indicates the company's understanding of Gupta's career decision and commitment to facilitating a smooth transition process during the notice period.

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