Gallops Enterprise Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹4.61 lakh compared to a net loss of ₹17.63 lakh in the previous year. The turnaround was driven by a significant reduction in total expenses, which fell to ₹0.53 lakh from ₹23.11 lakh in the prior year. Total income from operations for FY26 stood at ₹5.14 lakh, slightly lower than the ₹5.48 lakh recorded in FY25.

Financial Performance

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. For the fourth quarter of FY26, the company reported a net loss of ₹3.83 lakh, with total income from operations at ₹3.41 lakh. In the corresponding quarter of the previous year, the company had posted a profit of ₹3.49 lakh on income of ₹5.42 lakh.

Operational Metrics

Employee benefits expenses for the full year decreased to ₹2.16 lakh from ₹3.11 lakh in the previous year. Other expenses also saw a reduction, amounting to ₹10.96 lakh in FY26 compared to ₹11.27 lakh in FY25. The company reported a basic earnings per share of ₹0.09 for FY26, against a loss per share of ₹0.35 in the preceding year.

Balance Sheet and Cash Flows

As of March 31, 2026, the company’s total assets stood at ₹139.23 lakh, marginally higher than ₹138.10 lakh a year ago. Cash and cash equivalents decreased to ₹46.31 lakh from ₹60.00 lakh at the end of FY25. The net cash flow from operating activities for the year was an outflow of ₹16.55 lakh, while investing activities resulted in a net inflow of ₹2.85 lakh.

The statutory auditors, M/s. S. K. Jha & Co., Chartered Accountants, issued an unmodified opinion on the audited standalone financial results. The results were prepared in accordance with Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015.

Gallops Enterprise Limited has announced that its board meeting is scheduled to be held on Friday, May 29, 2026. The meeting will be conducted pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The primary agenda for the board meeting is to consider, approve, and take on record the audited financial results of the company for the quarter and year ended on March 31, 2026. This approval is in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board may also discuss any other items as deemed necessary during the proceedings.

Trading Window Closure

In connection with the upcoming financial results, the company has confirmed that the trading window for dealing in the securities of the company remains closed for insiders. The closure was effective starting Wednesday, April 01, 2026, following an earlier intimation dated March 26, 2026.

The intimation regarding the board meeting was addressed to BSE Limited on May 21, 2026. The company’s registered office is located in Ahmedabad, Gujarat, and Balram Bharatbhai Padhiyar serves as the Managing Director.