Outcome of Board Meeting held on May 29, 2026
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Gallops Enterprise Limited's Board approved audited standalone financial results for quarter and year ended March 31, 2026. The company reported a profit of Rs. 4.61 Lakhs for FY2026, a significant turnaround from a loss of Rs. 17.63 Lakhs in the previous year. Revenue figures show quarterly income ranging from Rs. 1.41 Lakhs to Rs. 5.40 Lakhs. However, operating cash flow remained negative at Rs. 16.55 Lakhs for the year, with cash reserves declining from Rs. 60.00 Lakhs to Rs. 46.31 Lakhs. Inventories increased by Rs. 12.59 Lakhs during the year. Statutory auditors S.K. Jha & Co. issued an Unmodified Opinion (clean audit report). Figures for previous periods were regrouped/reclassified where necessary. Single segment reporting applies as per accounting standards.
The company returned to profitability after a loss-making previous year, though negative operating cash flow and declining cash reserves indicate liquidity concerns that warrant monitoring. The clean audit opinion provides assurance on financial reporting quality.