Gala Global Products Limited announced its unaudited standalone financial results for the quarter ended December 31, 2025, showing mixed performance with revenue growth offset by profitability challenges. The company's Board of Directors approved these results during a meeting held on February 13, 2026, at the registered office.

Financial Performance Overview

The company's quarterly performance presents a contrasting picture of revenue growth accompanied by profitability concerns:

Quarterly Results Analysis

Despite achieving revenue growth of 21.08% year-on-year, Gala Global Products faced significant operational challenges during Q3 FY26. The company's revenue from operations increased to Rs 855.42 lakhs from Rs 706.49 lakhs in the corresponding quarter of the previous year.

However, the company reported a net loss of Rs 41.01 lakhs for the quarter, marking a sharp reversal from the profit of Rs 5.64 lakhs recorded in Q3 FY25. This decline in profitability was primarily attributed to increased operational expenses and higher finance costs.

Nine-Month Performance Trends

The nine-month performance further highlighted the company's operational challenges:

Cost Structure and Expenses

The company's expense analysis reveals key operational challenges. Cost of materials consumed stood at Rs 843.48 lakhs for Q3 FY26, representing a significant portion of total expenses of Rs 897.46 lakhs. Finance costs increased to Rs 23.87 lakhs from Rs 26.35 lakhs in the previous year quarter, while employee benefit expenses rose to Rs 0.85 lakhs from Rs 0.21 lakhs.

Regulatory Compliance and Audit

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and comply with Regulation 33 of the SEBI Listing Regulations. Statutory auditors R. B. Gohil & Co. conducted a limited review of the unaudited financial results, confirming compliance with applicable accounting standards and regulatory requirements.

The Board meeting commenced at 5:00 PM and concluded at 6:00 PM on February 13, 2026, with Managing Director Prahlad Kumar Agarwal (DIN: 09851691) approving the results.

Gala Global Products Limited, a company listed on the Indian stock market, has announced a significant change in its leadership. Avniben Nirav Shah, who held multiple key positions within the company, has tendered her resignation, effective July 18, 2022.

Multiple Roles Relinquished

Shah has stepped down from her roles as:

• Managing Director
• Director
• Chief Financial Officer (CFO)

This departure marks a notable shift in the company's top-tier management structure, as Shah held critical positions that were integral to the company's operations and financial oversight.

Reasons for Resignation

According to the company's statement, Shah cited two primary reasons for her decision to leave:

1. Personal commitments
2. Unavoidable circumstances

The company has confirmed that there were no other material reasons for her departure beyond those mentioned in her resignation letter. This transparency aims to assure stakeholders that the resignation is not tied to any undisclosed issues within the organization.

Additional Details

For identification purposes, it's worth noting that Avniben Nirav Shah held the Director Identification Number (DIN) 00611413 during her tenure with Gala Global Products Limited.

Impact and Next Steps

While the immediate impact of Shah's departure on Gala Global Products Limited's operations remains to be seen, the company will likely be focusing on finding suitable replacements for these crucial positions. Shareholders and market watchers will be keen to observe how the company manages this transition in leadership and maintains continuity in its operations and financial management.

As of now, Gala Global Products Limited has not announced any immediate replacements for the positions vacated by Shah. The company's board and remaining executives will likely be working on ensuring a smooth transition and maintaining stability in the interim period.

Investors and stakeholders of Gala Global Products Limited should stay tuned for further announcements regarding new appointments to these key leadership roles.