Galaxy Supermarket Declares Q1 FY27 Un-audited Financial Results

Galaxy Supermarket Ltd announced its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors approved the results along with the Limited Review Report from the Statutory Auditors. The company's financial statements have been prepared on a going concern basis, despite a material uncertainty indicated by its net worth erosion and current liabilities exceeding current assets. Management has initiated various measures to improve operational efficiency, boost sales, reduce costs, and diversify business activities to generate positive cash flows and restore net worth.