Latest news about Galaxy Supermarket
Galaxy Supermarket
18.18
-0.95(-4.97%)
Company Performance:
View Company Insights1D-4.97%
1M-2.83%
6M+8.86%
1Y-32.37%
5Y0.00%
More news about Galaxy Supermarket
15Mar 26
Galaxy Supermarket Limited Announces Demise of Independent Director Mr. Vijai Singh Dugar
Galaxy Supermarket Limited announced the sudden demise of Independent Director Mr. Vijai Singh Dugar on March 14, 2026. He served as Non-Executive Independent Director since November 14, 2023, and was member of Audit Committee, Nomination and Remuneration Committee, and Chairman of Stakeholders Relationship Committee. The company has filed requisite regulatory disclosures under SEBI regulations regarding cessation of his directorship.
05Feb 26
Galaxy Supermarket Limited Reports Q3FY26 Results with Revenue Growth Despite Net Loss
Galaxy Supermarket Limited reported Q3FY26 results showing a net loss of ₹61.21 lakhs, significantly improved from ₹235.15 lakhs loss in Q3FY25. Revenue from operations surged 238.7% year-on-year to ₹923.08 lakhs, demonstrating strong business growth. The company continues facing going concern challenges with eroded net worth, though management remains committed to operational improvements and supermarket business diversification.
14Jan 26
Galaxy Cloud Kitchens Officially Becomes Galaxy Supermarket Limited with MCA Approval
Galaxy Cloud Kitchens Limited has successfully completed its corporate transformation with MCA approving the name change to Galaxy Supermarket Limited effective January 12, 2026. The approval follows overwhelming 99.99% shareholder support received through postal ballot process, with the company now required to display both names for two years while pursuing strategic expansion from cloud kitchen operations to supermarket retail business.
13Nov 25
Galaxy Cloud Kitchens Appoints New CFO Amid Financial Challenges
Galaxy Cloud Kitchens Limited announced the appointment of Mr. Shashikant Sandbhor as CFO effective November 13, 2025. The company reported mixed financial results for Q2 2025, with revenue growth but net profit impacted by discontinued operations. Despite increased revenue, the company faces going concern issues due to eroded net worth and liabilities exceeding assets. The company has discontinued operations in Bangalore, Mumbai, and Gurugram, and is dealing with contingent liabilities and an arbitration settlement. Auditors noted several issues in their report, including non-recognition of certain liabilities and improper computation of Earnings Per Share.
08Nov 25
Galaxy Cloud Kitchens CFO Prince Singh Resigns, Effective November 2025
Prince Singh, Chief Financial Officer of Galaxy Cloud Kitchens Limited, has submitted his resignation effective November 7, 2025. Singh cited pursuing other opportunities as the reason for his departure. The company's Board of Directors is initiating the process to appoint a suitable replacement within the regulatory timeframe, with input from the Nomination and Remuneration Committee.
05Sept 25
FDRT Consultancy Services Boosts Stake in Galaxy Cloud Kitchens Through Debenture Conversion
FDRT Consultancy Services, a promoter group member of Galaxy Cloud Kitchens Limited, has increased its stake from 1.96% to 3.82% by converting Compulsorily Convertible Debentures into 974,962 equity shares. This conversion has expanded Galaxy Cloud Kitchens' total share capital from 47,297,674 to 49,777,674 shares. The company has also announced its 43rd Annual General Meeting to be held virtually on September 30.
13Aug 25
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.
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