Approval of Un-Audited (Standalone & Conslidated) Financial Results for the quarter ended on 30th June, 2025
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Gourmet Gateway India posted consolidated revenue of ₹4,509.72 lakhs for Q1 FY26, up ~19% from ₹3,783.75 lakhs in Q1 FY25, driven by its food & beverages business (Barista and subsidiaries). Despite revenue growth, the company reported a consolidated net loss of ₹66.45 lakhs, though losses narrowed sharply from ₹128.55 lakhs a year ago. On a standalone basis, revenue jumped to ₹260.80 lakhs (vs ₹91.89 lakhs) and the company swung to a small profit of ₹2.62 lakhs from a loss of ₹11.04 lakhs. The auditor (Walker Chandiok & Co LLP) issued an unmodified limited review opinion but flagged an emphasis-of-matter regarding the ongoing Enforcement Directorate investigation under PMLA, including a Provisional Attachment Order against promoter shares. Management stated it believes there is no PMLA contravention and made no financial adjustments. The company also converted 26.65 lakh preference shares and issued 53.30 lakh bonus shares during the quarter.
Revenue momentum is improving and losses are shrinking, but the ED investigation and promoter share attachment remain material overhangs that could weigh on sentiment. Standalone profitability is a positive signal, though consolidated results still show losses.