In continuation of our earlier disclosure related Outcome of Board Meeting held on August 13, 2025, we wish to inform you that a typographical error was noticed in the Paid-up capital ....
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Galaxy Cloud Kitchens (formerly Galaxy Supermarket) reported a sharp turnaround in Q1 FY26 (quarter ended June 30, 2025), with revenue from operations jumping to Rs. 1,060.76 lakh from just Rs. 139.13 lakh in Q1 FY25. Profit before tax swung to Rs. 86.52 lakh from a loss of Rs. 61.56 lakh, and net profit from continuing operations turned positive at Rs. 86.52 lakh versus a loss earlier. After including discontinued operations losses of Rs. 42.21 lakh, total net profit stood at Rs. 44.31 lakh versus a loss of Rs. 231.35 lakh a year ago. The Board also noted the NRC's advice to explore an Employee Stock Option Plan (ESOP), subject to further approvals. Management flagged that the entire networth has been eroded (negative other equity of Rs. 6,980.15 lakh) and current liabilities exceed current assets, creating a material uncertainty on the company's ability to continue as a going concern, though management expects supermarket diversification to restore positive cash flows.
The dramatic revenue and profit swing is positive and may lift sentiment, but the explicit going-concern qualification from both management and the statutory auditor (as an Emphasis of Matter) and deeply negative networth remain serious red flags for shareholders. Investors should weigh the operational turnaround against the solvency risk before taking exposure.