Galaxy Cloud Kitchens Reports Profit Turnaround Amid Business Restructuring
Galaxy Cloud Kitchens Limited reported a significant financial turnaround for Q1 FY2026. Revenue from operations surged 662.4% YoY to Rs 1,060.76 lakhs. The company posted a net profit of Rs 44.31 lakhs, compared to a loss of Rs 231.35 lakhs in Q1 FY2025. Despite improved results, the company's net worth remains eroded due to past losses. Management is optimistic about future prospects, implementing measures to boost sales and reduce costs, including expansion into supermarket operations. The company is also considering an Employee Stock Option Plan.