VK Global Industries Limited (formerly SPS International Limited) has scheduled its 33rd Annual General Meeting (AGM) for Tuesday, September 22, 2026. The meeting will commence at 4:00 pm via video conferencing (VC) or other audio-visual means (OVAM), allowing shareholders to participate without physical presence.

The deemed venue for the AGM is the company's registered office located at Plot No. 15/1, Ground Floor, Main Mathura Road, Faridabad, Haryana. This format complies with the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

Voting and Participation Details

Shareholders holding shares on the cut-off date of September 15, 2026, are eligible to vote on the business matters to be transacted at the AGM. The company will facilitate remote e-voting through CDSL e-voting system.

Key dates for the voting process include:

• Remote E-voting Start Date: To be specified in the notice
• Remote E-voting End Date: To be specified in the notice
• AGM Date: September 22, 2026

Members who have not registered their email addresses with the company or their Depository Participant (DP) are requested to do so at the earliest to receive the annual report and AGM notice electronically. Physical share holders should register their email IDs with the Registrar and Share Transfer Agent (RTA), Beetal Financial & Computer Services Private Limited.

Annual Report Availability

The 33rd Annual Report for FY25-26 will be made available electronically alongside the AGM notice. It can be accessed on:

• Company website: www.vkgil.in
• CDSL website: www.evotingindia.com
• BSE website: www.bseindia.com

Shareholders holding shares in physical form who have not registered their email addresses can still vote by following the instructions provided under the 'CDSL E-Voting System' section in the AGM notice.

VK Global Industries Limited (formerly SPS International Limited) reported a net profit of ₹0.77 lakh for the first quarter of FY27, ending June 30, 2026. This represents a sharp decline from the ₹17.45 lakh profit recorded in the preceding quarter (Q4FY26). While revenue grew significantly compared to the same period last year, the company faced margin pressure due to rising operational costs.

The Board of Directors approved the unaudited financial results on August 12, 2026. The company also appointed M/s Saurabh RD and Associates as its Internal Auditor for the financial year 2026-27, based on the recommendation of the Audit Committee.

Financial Performance

Revenue from operations stood at ₹28.25 lakh in Q1FY27, up from ₹16.76 lakh in Q1FY26. However, this was lower than the ₹39.91 lakh recorded in the immediate previous quarter. Total income, including interest income of ₹0.05 lakh, reached ₹28.30 lakh. The company’s earnings per share (EPS) for the quarter were ₹0.02, down from ₹0.41 in Q4FY26.

Total expenses were ₹27.53 lakh, down slightly from ₹28.08 lakh in Q4FY26 but higher than the ₹24.27 lakh in Q1FY26. Key expense drivers included:

• Employee benefits: ₹7.44 lakh (up from ₹4.85 lakh in Q1FY26)
• Other expenses: ₹12.18 lakh (down from ₹15.41 lakh in Q4FY26)
• Depreciation: ₹3.73 lakh
• Cost of material consumed: ₹4.13 lakh

For context, the full year FY26 saw total revenue from operations of ₹99.21 lakh and a net profit after tax of ₹9.91 lakh.

What the Numbers Show

The divergence between revenue growth and profit contraction highlights cost structure sensitivity. While revenue rose 68.5% year-on-year, employee benefit expenses surged 53.4% over the same period, indicating that labor costs are scaling faster than top-line growth. Additionally, the absence of other income means the entire bottom line relies solely on operational profitability, which narrowed significantly compared to the prior quarter.

Balance Sheet and Cash Flow

As of June 30, 2026, total assets stood at ₹343 lakh, marginally higher than ₹342 lakh at the end of March 2026. Cash and cash equivalents increased to ₹23 lakh from ₹21 lakh in the previous quarter. The company remains debt-free, with no borrowings reported under current or non-current liabilities.

Operating cash flow generated ₹5 lakh during the quarter, supported by a net increase in cash and cash equivalents of ₹2 lakh. Investing activities resulted in a net cash outflow of ₹3 lakh, primarily due to fixed asset purchases of ₹13 lakh, partially offset by proceeds from the sale of investments.

Corporate Actions

The Board scheduled the 33rd Annual General Meeting for September 22, 2026, to be conducted via Video Conferencing or Other Audio Visual Means (VC/OAVM). The statutory auditor, Jain Jain & Associates, provided a limited review report confirming that the financial statements comply with Ind AS 34 and SEBI Listing Regulations.