Virtual Galaxy FY26 Net Profit Rises 43.5% to ₹4,609.30 Lakh

1 min read     Updated on 23 May 2026, 04:38 PM
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Virtual Galaxy Infotech reported a 43.5% rise in FY26 net profit to ₹4,609.30 lakh, with revenue growing to ₹18,205.64 lakh. The board approved an interim dividend of ₹1 per share and extended the timeline for utilizing IPO funds for product enhancement and marketing activities until FY 2026-27.

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Virtual Galaxy Infotech has announced its standalone audited financial results for the quarter and year ended March 31, 2026. The company reported a net profit of ₹4,609.30 lakh for the full year, representing a 43.5% increase compared to the previous year's profit of ₹3,211.83 lakh. Revenue from operations for the year surged to ₹18,205.64 lakh from ₹12,014.35 lakh in the prior year.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹1,449.30 lakh, up from ₹490.34 lakh in the corresponding quarter of the previous year. Revenue for the quarter stood at ₹5,466.07 lakh. The board of directors, in its meeting held on May 22, 2026, approved the financial results along with the extension of the timeline for the utilization of funds raised through its Initial Public Offer (IPO).

Financial Performance

The company's total income for the year rose to ₹18,333.10 lakh, driven by strong operational performance. Total expenses for the year were reported at ₹11,884.62 lakh. The earnings per share (EPS) for the year increased to ₹19.20 from ₹19.12 in the previous year. The board also declared an interim dividend of ₹1 per equity share, amounting to a total payout of ₹248.69 lakh.

Metric FY 2025-26 (₹ in Lakhs) FY 2024-25 (₹ in Lakhs)
Revenue from Operations 18,205.64 12,014.35
Total Income 18,333.10 12,043.20
Total Expenses 11,884.62 7,509.79
Net Profit 4,609.30 3,211.83
Basic EPS 19.20 19.12

Fund Utilization and Corporate Actions

The board approved the extension of the timeline for utilizing IPO funds for two specific objects. The completion timeline for funding expenditure related to the enhancement, maintenance, and upgrading of existing products through manpower hiring has been extended to FY 2026-27. Similarly, the timeline for funding business development and marketing activities has been extended to FY 2026-27.

Additionally, the company noted that it had fully paid ₹628.08 lakh towards lease charges for the acquisition of leasehold land at MIHAN SEZ, Nagpur, in January 2026. The total lease consideration amounts to ₹698.08 lakh, which will be amortized over a lease period of 99 years. The statutory auditors, M/s K. K. Mankeshwar & Co., issued an unmodified opinion on the financial results.

Historical Stock Returns for Virtual Galaxy Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-4.52%-1.42%-3.98%-16.92%-14.51%-22.83%

How will Virtual Galaxy Infotech deploy the delayed IPO funds in FY 2026-27, and what measurable impact on revenue growth can investors expect from the manpower hiring and marketing initiatives?

Given the 51.5% surge in revenue but only a 43.5% increase in net profit, what cost pressures are emerging in the business model and how might expense ratios trend in the coming fiscal year?

What strategic role will the newly acquired leasehold land at MIHAN SEZ, Nagpur play in Virtual Galaxy Infotech's long-term expansion plans, particularly in terms of new service offerings or capacity?

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Virtual Galaxy Infotech Limited Submits Annual Promoter Disclosure Under SEBI Takeover Regulations for FY26

1 min read     Updated on 16 May 2026, 03:39 AM
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Virtual Galaxy Infotech Limited filed its annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the NSE on 3rd April 2026 for the financial year ended 31st March 2026. Promoter Avinash Narayanrao Shende declared that no encumbrance, direct or indirect, was created or invoked on the equity shares held by the Promoter and Promoter Group during the said financial year. The disclosure was submitted by Company Secretary and Compliance Officer Anjali Padhye and has been forwarded to the Audit Committee for record.

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Virtual Galaxy Infotech Limited has submitted its annual disclosure to the National Stock Exchange of India Limited (NSE) in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing, dated 3rd April 2026, pertains to the financial year ended 31st March 2026 and covers declarations from the Promoter and Persons Acting in Concert (PAC).

Regulatory Disclosure Details

The disclosure was filed by the Company Secretary and Compliance Officer, Anjali Padhye, on behalf of Virtual Galaxy Infotech Limited. The submission confirms that the company has received the requisite annual disclosures from its Promoters along with Persons Acting in Concert, as mandated under the applicable SEBI regulations.

Key details of the filing are summarised below:

Parameter: Details
Filing Date: 3rd April 2026
Regulation: Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Financial Year: Ended 31st March 2026
Filed With: National Stock Exchange of India Limited
Filed By: Anjali Padhye, Company Secretary & Compliance Officer

Promoter Declaration on Encumbrance

Promoter Avinash Narayanrao Shende, on behalf of the Promoter and Promoter Group of Virtual Galaxy Infotech Limited, submitted a declaration confirming that during the financial year ended 31st March 2026, no encumbrance — direct or indirect — was created or invoked on the equity shares of the company held by the Promoter and Promoter Group.

The key highlights of the promoter's declaration are as follows:

  • Declarant: Avinash Narayanrao Shende, Promoter of Virtual Galaxy Infotech Limited
  • Declaration Period: Financial year ended 31st March 2026
  • Encumbrance Status: No encumbrance created or invoked, directly or indirectly, on promoter-held equity shares
  • Submitted To: National Stock Exchange of India Limited

Company Background

Virtual Galaxy Infotech Limited, formerly known as Virtual Galaxy Infotech Pvt. Ltd., is headquartered at Plot No. 26, The Nagpur Divisional Insurance Employees' Co-operative Housing Society Limited, Vivekanand Nagar, Nagpur, Maharashtra. The company operates across segments including Software Development, E-governance Solutions, AI & Data Analytics, System Integration, and IT Facility Management & Data Center Services. The company holds certifications including ISO/IEC 27001:2013, ISO/IEC 20000-1:2018, ISO/IEC 23001-7:2023, and ISO 9001:2015.

The annual disclosure has been forwarded to the Audit Committee and the company's registered office for record purposes, in accordance with regulatory requirements.

Historical Stock Returns for Virtual Galaxy Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-4.52%-1.42%-3.98%-16.92%-14.51%-22.83%

How might Virtual Galaxy Infotech's clean encumbrance record influence institutional investor confidence and potential stake acquisitions in the company going forward?

Given the company's focus on AI & Data Analytics and E-governance Solutions, what government contracts or partnerships could drive significant revenue growth in FY2027?

Could the promoter group's unencumbered shareholding position Virtual Galaxy Infotech as a potential acquisition target or enable strategic fundraising through share pledging in the near future?

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