Quarterly Result9 May 2026, 01:00 pm
Galada Power: FY26 Revenue from Operations at ₹1,216 Lacs
AI Summary
Galada Power & Telecommunication Ltd has announced its audited financial results for the quarter and year ended March 31, 2026. Revenue from operations stood at ₹1,216 Lacs. The company is undergoing a revival process as per the resolution plan approved by NCLT. The auditors' report is unmodified, and there are no adverse remarks. The company is reviving its manufacturing facilities and sold land and buildings at Silvassa to finance the revamping.
Key Highlights
- Galada Power's revenue from operations for FY26 is ₹1,216 Lacs.
- The company's financial statements are prepared on a going concern basis despite negative net worth.
- Auditors' report for FY26 is unmodified with no adverse remarks.
- The company is reviving its manufacturing facilities as per the NCLT-approved resolution plan.
- K Ramalakshmi, Director, is authorized to sign the results on behalf of the Board.