Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'), we wish to inform that the Board of Directors of the Company ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Galaxy Supermarket Limited (formerly Galaxy Cloud Kitchens Limited) reported strong revenue growth for FY 2026 at Rs. 4,231.43 Lakhs, up 178% from Rs. 1,523.16 Lakhs in FY 2025. The company turned profitable with net profit of Rs. 151.88 Lakhs versus a loss of Rs. 329.08 Lakhs in the previous year. However, the company flagged material uncertainty about its ability to continue as a going concern as its entire net worth has been eroded and current liabilities exceed current assets. Total equity stands at negative Rs. 1,823.82 Lakhs. The Board also reconstituted two committees following the demise of Independent Director Mr. Vijai Singh Dugar and resignation of Non-Executive Director Mr. Sunil Samal. Statutory auditors issued an unmodified opinion with Emphasis of Matter paragraphs.
Despite returning to profit, the negative equity position and going concern warning indicate serious financial distress. Shareholders should be cautious as the company needs to demonstrate sustained profitability and equity restoration. The business pivot from cloud kitchens to supermarket operations appears to be driving revenue growth.