Gallops Enterprise Limited held a Board of Directors meeting on October 29, 2026, from 4:00 PM to 4:15 PM at its registered office in Ahmedabad. The Board approved and took on record the unaudited financial results for the quarter ended September 30, 2026, along with the limited review report from the auditors.

Financial Performance (Amount in INR Lakhs)

Quarter Ended September 30, 2026:

  • Net sales/income from operations: ₹0.02
  • Other operating income: ₹0.00
  • Total income from operations: ₹0.02
  • Total expenses: ₹0.86
  • Profit/(Loss) before tax: (₹0.85)
  • Profit/(Loss) for the period: (₹0.85)
  • Basic and diluted earnings per share (EPS): (₹0.02)

Half Year Ended September 30, 2026:

  • Net sales/income from operations: ₹0.02
  • Other operating income: ₹0.00
  • Total income from operations: ₹0.02
  • Profit/(Loss) for the period: (₹0.92)
  • Basic and diluted earnings per share (EPS): (₹0.02)

Comparative Figures (Quarter Ended):

  • September 30, 2025: Profit of ₹3.40 lakh (EPS: ₹0.07)
  • June 30, 2026: Loss of ₹0.08 lakh (EPS: ₹0.00)

Annual Figures (Year Ended March 31, 2026):

  • Total income from operations: ₹5.14
  • Profit for the year: ₹4.61
  • Basic and diluted EPS: ₹0.09

Balance Sheet Position (As at September 30, 2026)

  • Total Assets: ₹136.23 lakh
  • Property, Plant and Equipment: ₹0.05 lakh
  • Deferred Tax Assets (Net): ₹23.87 lakh
  • Inventories: ₹70.66 lakh
  • Cash and Cash Equivalents: ₹37.88 lakh
  • Other Current Assets: ₹3.77 lakh
  • Equity and Liabilities:
  • Equity Share Capital: ₹501.14 lakh (Face Value ₹10)
  • Other Equity: (₹365.54) lakh
  • Other Current Liabilities: ₹0.63 lakh

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash flow from operating activities: (₹9.45) lakh
  • Net cash flow from investing activities: ₹1.02 lakh
  • Net cash flow from financing activities: ₹0.00 lakh
  • Net decrease in cash and cash equivalents: (₹8.42) lakh
  • Cash and cash equivalents at beginning: ₹46.31 lakh
  • Cash and cash equivalents at end: ₹37.88 lakh

Additional Information

  • The financial results were reviewed by the Audit Committee and taken on record by the Board of Directors.
  • The company operates as a single segment and does not have any subsidiaries, joint ventures, or associate companies.
  • The results have been prepared in accordance with Indian Accounting Standards (Ind AS).
  • Previous period figures have been re-grouped/rearranged/re-classified where necessary.