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Galaxy Supermarket Limited

5 articles
Galaxy Supermarket Limited is navigating a complex legal and financial landscape while demonstrating a significant operational turnaround. The company recently saw dismissal of proceedings initiated by a resolution professional, though potential appeals remain a possibility, and faces a ₹51.19 lakh tax recovery notice with banks placing liens on accounts. Despite these challenges, Galaxy Supermarket reported a substantial profit of ₹15.19 crore on revenue of ₹423.14 crore for FY25-26, alongside expansion to 15 stores and the launch of a new dry fruits brand, indicating a renewed focus on core supermarket operations. Investors should monitor the outcomes of the legal and tax matters, as well as shareholder approval for related-party transactions totaling ₹45.25 crore with Aadhar Retailing, which could impact future financial performance.