VK Global Industries Limited reported a profit after tax of ₹9.91 lakh for FY26, marking a turnaround from a loss of ₹43.22 lakh in the previous fiscal year. This result reflects the company's first full year of commercial operations following the commencement of production in March 2025.

Revenue from operations rose significantly to ₹99.21 lakh in FY26, compared to ₹5.91 lakh in FY25. The sharp increase is attributed to the stabilization of the company's hydroponic facility at Industrial Model Town, Faridabad, which includes a naturally ventilated poly house and an automated NFT house.

Financial Performance Snapshot

Operational Highlights

The company obtained its license from the Food Safety and Standards Authority of India and supplied farm produce under stringent quality control. Market outreach was strengthened through a digital and e-commerce strategy serving customers across Delhi-NCR. The Board noted that hydroponics serves as the base platform, with plans to widen the product mix and move into value-added and processed offerings.

AGM Proceedings and Governance

The 33rd Annual General Meeting was held on September 22, 2026, via video conferencing. Members adopted the audited financial statements for the year ended March 31, 2026. The meeting also approved the re-appointment of Rahul Jain as Managing Director, who retires by rotation and offers himself for re-appointment.

The statutory auditors, Jain Jain & Associates, and secretarial auditors, P.C. Jain & Co., expressed unqualified opinions for FY26, with no material qualifications or adverse comments. Voting results are to be declared upon receipt of the scrutinizer report within the statutory period.

What the Numbers Show

The transition from a loss-making entity to profitability in FY26 highlights the operational leverage achieved during the first full year of production. With revenue scaling from ₹5.91 lakh to ₹99.21 lakh, the fixed cost absorption improved drastically, resulting in a profit before tax of ₹13.36 lakh. The earnings per share shift from negative to positive confirms the viability of the new business vertical.

VK Global Industries has returned to profitability for the financial year ended March 31, 2026, reporting a net profit of ₹13.36 lakh compared to a net loss of ₹41.24 lakh in the previous year. This turnaround was driven by a significant increase in revenue from operations, which rose to ₹99.21 lakh for FY26 from ₹5.91 lakh in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026, at the company's registered office in Faridabad, Haryana.

The company’s financial performance for the quarter ended March 31, 2026, also showed strength, with a net profit of ₹17.45 lakh on revenue from operations of ₹39.91 lakh. Total income for the quarter stood at ₹45.53 lakh. The company commenced commercial production of Hydroponic Farming effective March 1, 2025. Jain Jain & Associates, Chartered Accountants, audited the results and issued an unmodified opinion.

Financial Results for FY26

The audited standalone results indicate a robust recovery across key financial metrics. Total revenue from operations for the year reached ₹104.83 lakh, a substantial increase from ₹12.99 lakh in the prior year. Total expenses for FY26 were ₹91.46 lakh, up from ₹54.24 lakh in FY25, reflecting the scaling of operations.

Balance Sheet and Cash Flow

The company’s balance sheet as of March 31, 2026, shows total assets of ₹342 lakh, compared to ₹334 lakh in the previous year. Non-current assets, primarily Property, Plant and Equipment, increased to ₹178 lakh from ₹112 lakh. Cash and cash equivalents decreased to ₹21 lakh from ₹72 lakh, primarily due to investing activities.

The cash flow statement reveals a net increase in cash and cash equivalents of ₹145 lakh during the year, driven largely by net cash generated from investing activities amounting to ₹160 lakh, which included the sale of investments. Cash generated from operations was ₹15 lakh.

Regulatory Disclosure

The audited financial results for the year and quarter ended March 31, 2026, were published in the Financial Express and Jansatta newspapers on May 29, 2026. The disclosure was made in terms of Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.