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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gala Global Products has resubmitted its Q1 FY26 results after BSE flagged a formatting error — the financial numbers themselves remain unchanged from the August 12 filing. Revenue from operations collapsed to just ₹1.01 lakh in Q1 FY26, down from ₹930.49 lakh in the same quarter last year, a near-total wipeout. Total expenses stood at ₹208.47 lakh, resulting in a loss before tax of ₹207.32 lakh, compared to a loss of ₹40.77 lakh a year ago. Loss per share widened to ₹(0.38) from ₹(0.08). For the full year ended March 2025, the company posted a loss of ₹449.37 lakh on revenue of ₹4,178.29 lakh, with an exceptional item of ₹76.27 lakh weighing on results.
This is a deeply negative quarter for shareholders — operations appear to have virtually halted, while fixed costs continue to bleed the company. The revision itself is administrative and not a restatement, but the underlying business deterioration is severe and raises serious questions about the company's revenue model and going-concern status.