Un-Audited Financial Results along with Limited Review Report for Quarter and half year ended September 30, 2025
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Gourmet Gateway India Ltd (formerly Intellivate Capital Ventures, the parent of Barista Coffee) reported consolidated revenue of Rs 4,742.01 lakhs for Q2 FY26, up about 14% from Rs 4,147.38 lakhs a year ago. Half-year revenue grew nearly 17% to Rs 9,251.73 lakhs. The company swung to a Q2 profit of Rs 53.88 lakhs from a loss of Rs 70.08 lakhs last year, and its H1 loss shrank sharply to just Rs 12.56 lakhs from Rs 198.63 lakhs. Standalone numbers showed very strong revenue growth (Q2 up ~96% and H1 up ~128%), though the holding company itself is still making a small loss. The auditor flagged the ongoing Enforcement Directorate search and seizure matter as an emphasis of matter but did not modify their review opinion.
The sharp narrowing of losses and Q2 return to profit are encouraging signs, but the absolute profit is very small and dependent on improving operating leverage. The ED investigation and provisional attachment order on promoter shares remain a key overhang for shareholders, though no show-cause notice has been issued yet.