Gala Global Products Limited submitted a regulatory filing to BSE Limited regarding the approval of unaudited standalone financial results for the quarter and half-year ended September 30, 2026.
The Board of Directors approved the unaudited standalone financial results under IND AS in a meeting held on November 3, 2026, at the company's registered office. The meeting commenced at 5:00 PM and concluded at 5:30 PM.
Financial Results Highlights (Quarter Ended September 30, 2026)
- Revenue from operations: ₹0.00 lakh (compared to ₹978.98 lakh in Q2 FY25)
- Other income: ₹0.00 lakh
- Total income: ₹0.00 lakh (compared to ₹978.98 lakh in Q2 FY25)
- Total expenses: ₹260.54 lakh
- Loss before tax: ₹(260.54) lakh (compared to ₹(26.42) lakh in Q2 FY25)
- Tax expense: ₹0.13 lakh (deferred tax)
- Net loss: ₹(260.41) lakh (compared to ₹(26.28) lakh in Q2 FY25)
- Basic and diluted EPS: ₹(0.48) (compared to ₹(0.05) in Q2 FY25)
Half-Year Performance (April-September 2026)
- Revenue from operations: ₹0.00 lakh (compared to ₹979.99 lakh in H1 FY25)
- Net loss: ₹(260.41) lakh (compared to ₹(233.60) lakh in H1 FY25)
- Basic and diluted EPS: ₹(0.48) (compared to ₹(0.43) in H1 FY25)
Balance Sheet Position (as of September 30, 2026)
- Total assets: ₹873.57 lakh (compared to ₹824.95 lakh as of March 31, 2026)
- Property, plant and equipment: ₹42.39 lakh
- Intangible assets: ₹1,300.00 lakh
- Other non-current assets: ₹4,469.14 lakh
- Trade receivables: ₹20.65 lakh
- Cash and cash equivalents: ₹1.62 lakh
- Share capital: ₹272.94 lakh (unchanged)
- Other equity: ₹5.44 lakh (down from ₹36.39 lakh as of March 31, 2026)
- Long-term borrowings: ₹273.81 lakh (up from ₹253.16 lakh as of March 31, 2026)
- Other long-term liabilities: ₹218.91 lakh (up from ₹174.63 lakh as of March 31, 2026)
- Short-term borrowings: ₹76.54 lakh (up from ₹70.21 lakh as of March 31, 2026)
Cash Flow Statement (Half-Year Ended September 30, 2026)
- Net cash flow from operating activities: ₹313.72 lakh
- Net cash used in investing activities: ₹(299.50) lakh
- Net cash used in financing activities: ₹(13.50) lakh
- Net increase in cash and cash equivalents: ₹0.71 lakh
Auditor's Qualification
The statutory auditors, R. B. Gohil & Co., issued a qualified review report noting that the company has not deducted and/or deposited Tax Deducted at Source (TDS) as required under the applicable provisions of the Income-tax Act, 2025.
The financial results were signed by Prahlad Kumar Agarwal (Managing Director, DIN: 09851691) and Vishal Mulchandbhai Gala (Director & Chairperson, DIN: 00692090).