Globus Power Generation Ltd. Submits FY26 Annual Report & AGM Notice

Globus Power Generation Limited has submitted its Annual Report for the Financial Year 2025-26 and the Notice for its 41st Annual General Meeting (AGM). The AGM is scheduled for Friday, September 25, 2026, at 11:00 AM IST, to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The report details a significant shift in financial performance, with a reported loss before tax of ₹12.81 Lacs for FY25-26, a substantial improvement from the previous year's profit of ₹354.13 Lacs. This change is primarily attributed to a much lower provision for doubtful advances (₹38.25 Lacs in FY25-26 vs. ₹402.53 Lacs in FY24-25). Revenue from operations was nil in FY25-26, compared to ₹0.07 Lacs in the prior year, while total expenses increased slightly to ₹51.06 Lacs.