Synopsis:
Logistics company announced the record date for both a 1:2 share split and a 1:1 bonus issue.
A logistics stock opened the week with investor enthusiasm following the announcement of a share subdivision and bonus issuance. The combination of a split and bonus shares is expected to enhance liquidity and broaden the shareholder base. Globe International Carriers Ltd, with a market capitalization of Rs. 458 crore, is currently trading at a market price of Rs. 165.
What’s the News?
The company has fixed Wednesday, 15th October 2025, as the record date for a share sub-division and issuance of bonus shares. Under the plan, each equity share having a face value of Rs. 10 each fully paid-up will be split into two shares having a face value of Rs. 5 each fully paid-up.
Following the split, the company will issue bonus shares in a 1:1 ratio, meaning shareholders will receive one additional fully paid-up share of Rs. 5 for every existing fully paid-up equity share of Rs. 5 each held post-split. The move is aimed at improving liquidity and accessibility for a wider investor base.
Financial Snapshot
On a quarter-on-quarter basis, Globe International Carriers’ sales declined from Rs. 48.13 crore to Rs. 35.40 crore, a decrease of 26.45 percent. Operating profit fell from Rs. 3.51 crore to Rs. 3.16 crore, down 9.97 percent, while PBT dropped from Rs. 2.69 crore to Rs. 1.98 crore, a decline of 26.39 percent. Net profit decreased from Rs. 1.93 crore to Rs. 1.45 crore, down 24.87 percent.
On a year-on-year basis, the company reported growth across all key metrics. Sales increased from Rs. 30.73 crore to Rs. 35.40 crore, up 15.17 percent. Operating profit jumped from Rs. 1.58 crore to Rs. 3.16 crore, a gain of 100 percent. PBT rose from Rs. 1.19 crore to Rs. 1.98 crore, an increase of 66.39 percent, and net profit grew from Rs. 0.89 crore to Rs. 1.45 crore, up 62.92 percent.
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About the Company
Globe International Carriers Limited is a leading end-to-end transport and logistics provider with over five decades of industry experience. It was the first logistics firm from Rajasthan to be listed on the NSE SME platform and is consistently recognized among India’s most reliable logistics companies.
With more than 30 branches across key industrial hubs and ports, the company operates a robust fleet comprising trucks, tippers, trailers, hydraulic axles, and loaders, supported by over 100 dedicated professionals capable of managing complex transportation requirements.
Written By Manan Gangwar
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