Galaxy Cloud Kitchens Limited (formerly known as Galaxy Cloud Kitchens Limited) announced its unaudited financial results for the quarter ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 5, 2026, marking another quarter in the company's ongoing transformation from cloud kitchen operations to supermarket retail.

Financial Performance Overview

The company's financial performance for Q3FY26 showed mixed results with significant revenue growth offset by operational challenges. Despite reporting a net loss, the company demonstrated substantial improvement in its revenue generation capabilities compared to the previous year.

Revenue Growth and Operational Metrics

The company achieved remarkable revenue growth with operations generating ₹923.08 lakhs in Q3FY26, representing a 238.7% increase from ₹272.55 lakhs in the corresponding quarter of FY25. Other income contributed ₹3.85 lakhs, bringing total income to ₹926.93 lakhs for the quarter.

For the nine-month period ending December 31, 2025, revenue from operations reached ₹3,045.96 lakhs compared to ₹985.59 lakhs in the corresponding period of the previous year, indicating sustained growth momentum throughout the financial year.

Cost Structure and Expenses

The company's expense structure reflected the scaled operations, with total expenses increasing to ₹987.33 lakhs in Q3FY26 from ₹417.74 lakhs in Q3FY25. Key expense components included:

• Cost of materials consumed: ₹809.13 lakhs (Q3FY26) vs ₹247.54 lakhs (Q3FY25)
• Employee benefits expense: ₹49.02 lakhs vs ₹37.49 lakhs
• Finance costs: ₹42.89 lakhs vs ₹40.43 lakhs
• Other expenses: ₹55.51 lakhs vs ₹71.12 lakhs

Business Transformation and Going Concern

Galaxy Supermarket Limited operates in the "Dealing and Trading in Food, Beverages & Grocery products" segment as its primary business activity. The company has undergone significant transformation, having shut down its commissary units in Bangalore, Mumbai, and Gurugram between 2022 and 2024.

The financial results note a material uncertainty regarding the company's ability to continue as a going concern, as the entire net worth has been eroded due to accumulated losses. Current liabilities exceed current assets, creating liquidity challenges. However, management has expressed confidence in turning the business around through operational efficiency improvements and diversification into supermarket store operations.

Discontinued Operations Impact

Losses from discontinued operations amounted to ₹0.81 lakhs in Q3FY26, significantly lower than the ₹66.23 lakhs loss reported in Q3FY25. For the nine-month period, discontinued operations resulted in losses of ₹66.88 lakhs compared to ₹274.31 lakhs in the previous year, indicating successful wind-down of legacy operations.

Earnings Per Share and Capital Structure

The company reported basic and diluted earnings per share of ₹0.12 for continuing and discontinued operations combined in Q3FY26, compared to ₹0.52 loss per share in Q3FY25. The paid-up equity share capital stood at ₹4,977.77 lakhs as of December 31, 2025, with other equity showing a negative balance of ₹6,970.75 lakhs, reflecting the accumulated losses over previous years.

Galaxy Cloud Kitchens Limited has successfully completed its corporate transformation with the Ministry of Corporate Affairs officially approving the company's name change to Galaxy Supermarket Limited, effective January 12, 2026. The approval follows overwhelming shareholder support of 99.99% received through postal ballot process concluded in early January.

MCA Certificate and Official Approval

The Ministry of Corporate Affairs, Office of the Central Processing Centre, issued the Certificate of Incorporation pursuant to change of name on January 12, 2026. The certificate was digitally signed by Shorya Chak, Assistant Registrar of Companies at the Central Processing Centre, confirming the legal transformation from Galaxy Cloud Kitchens Limited to Galaxy Supermarket Limited.

Regulatory Compliance and Stock Exchange Notification

Company Secretary Harsh Joshi formally notified BSE Limited on January 14, 2026, under Regulation 45 of SEBI Listing Regulations regarding the successful name change approval. The company maintains its scrip code 506186 and will make a separate application to the stock exchange for approval of the name change in due course.

Shareholder Approval Through Postal Ballot

The transformation was enabled by exceptional shareholder support received through the postal ballot process concluded on January 03, 2026. Both the name change resolution and alteration of Memorandum of Association objects clause received 99.99% approval from shareholders.

Corporate Identity Transition Requirements

Under Section 12 of the Companies Act, Galaxy Supermarket Limited must display its former name "Galaxy Cloud Kitchens Limited" alongside the new name for a period of two years at all places where the company is required to display its name. The company's registered address remains at Knowledge House, Shyam Nagar, Off. Jogeshwari-Vikhroli Link Road, Jogeshwari (E), Mumbai - 400060, Maharashtra.

Business Expansion and Strategic Direction

The successful name change from Galaxy Cloud Kitchens Limited to Galaxy Supermarket Limited reflects the company's strategic pivot from cloud kitchen operations to supermarket retail business. The alteration of the Memorandum of Association objects clause enables the company to expand its business activities in line with this new operational focus, marking a significant milestone in the company's transformation journey.