General annoucement
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gourmet Gateway India Limited reported audited consolidated financial results for FY ended March 2026. Total income increased to ₹19,548.51 lakhs from ₹16,967.82 lakhs in FY25, a growth of 15.2%. The company turned profitable with PBT of ₹46.22 lakhs compared to a loss of ₹337.07 lakhs in the previous year, and PAT of ₹18.38 lakhs versus loss of ₹262.38 lakhs. Total assets stood at ₹18,857.18 lakhs. The Board also approved re-appointment of M/s Chatterjee & Chatterjee as Internal Auditor for FY 2026-27. Statutory auditors Walker Chandiok & Co LLP issued unmodified opinions on both standalone and consolidated financials. The auditors drew attention to an ongoing ED (Enforcement Directorate) search and seizure operation under PMLA at the company's premises and two subsidiaries, with a Provisional Attachment Order issued against promoter shares in September 2024.
The company achieved a significant turnaround from losses to profitability with 15% revenue growth, which is positive for shareholders. However, the ongoing ED investigation under PMLA and the negative EPS (-0.03) may create investor caution despite the auditors giving clean opinions.