Galaxy Cloud Kitchens Ltd

Galaxy Cloud Kitchens Q2 Results: Revenue Doubles 📈, But Challenges Remain

- Revenue from operations in Q2 September 2025: ₹106.21 lakhs (vs. ₹57.30 lakhs same quarter last year)

- Net Profit for Q2 September 2025: ₹2.60 lakhs (vs. loss in previous periods)

- New CFO appointed: Mr. Shashikant Sandbhor, effective November 13, 2025 (19 years finance experience, with company since June 2021)

- Net worth eroded due to past losses; current liabilities exceed current assets

- Discontinued operations: Shutdown of commissary units in Bangalore, Mumbai, and Gurugram

- Contingent liability: ₹290.46 lakhs for Bangalore unit employees (full provision made)

- Arbitration settlement expense: ₹5.81 lakhs for old dues

- No provisions made for gratuity/leave encashment (H1 September 2025)

- EPS calculation may not comply with Ind AS 33 (used period-end shares, not weighted average)

- ₹50 lakhs receipt set off as bad debts written back (details unavailable)