Veer Global Infraconstruction Limited has announced impressive financial results, showcasing substantial growth across key metrics. The company's performance highlights a significant expansion in its operations and profitability.

Revenue Surge

The company reported a remarkable 46.7% increase in revenue from operations, reaching Rs 1,138.40 lacs compared to Rs 776.22 lacs in the previous year. This substantial growth indicates a strong market demand for Veer Global's services and successful execution of projects.

Profit Boost

Veer Global Infraconstruction's bottom line saw an even more impressive improvement. The net profit after tax surged by 82.9%, climbing to Rs 71.53 lacs from Rs 39.11 lacs in the previous period. This significant increase in profitability demonstrates the company's ability to manage costs effectively while expanding its operations.

Improved Earnings Per Share

Reflecting the company's strong performance, the earnings per share (EPS) showed a notable uptick. The EPS improved to Rs 0.89 from Rs 0.61, representing a 45.9% increase. This growth in EPS is likely to be welcomed by shareholders as it indicates enhanced value creation.

Balance Sheet Strengthening

Veer Global's balance sheet also exhibited positive trends:

The substantial improvement in liquidity positions the company well for future investments and operational needs.

Audit Opinion and Board Approval

The statutory auditors have issued an unmodified audit opinion on the financial results, providing assurance on the accuracy and reliability of the reported figures. The Board of Directors approved these results in their meeting held on May 29, 2023.

Outlook

The robust financial performance of Veer Global Infraconstruction Limited, characterized by strong revenue growth, improved profitability, and a strengthened balance sheet, positions the company favorably in the infrastructure sector. The significant increase in cash reserves provides the company with enhanced financial flexibility for future growth initiatives.

Veer Global Infraconstruction Limited , a prominent player in the real estate development sector, has announced a series of significant decisions following its Board of Directors meeting held on July 23, 2025. The company has laid out an ambitious capital raising strategy and made crucial appointments, signaling a robust growth trajectory.

Capital Raising Initiatives

The Board has approved three separate capital raising initiatives, each aimed at infusing up to ₹50.00 crores into the company:

1. Rights Issue of Equity Shares
2. Private Placement of Equity Shares
3. Follow-on Public Offer (FPO)

These initiatives, totaling ₹150.00 crores, demonstrate the company's commitment to strengthening its financial position and funding future growth plans.

Increased Borrowing Limits

In a move to enhance financial flexibility, the Board has approved an increase in borrowing limits to ₹100.00 crores under Section 180(1)(c) of the Companies Act, 2013. This decision is subject to shareholder approval and is expected to provide the company with additional resources for its operations and expansion plans.

Key Appointments and Re-appointments

The Board meeting also resulted in several important personnel decisions:

• Re-appointment of Vijaybhai Vagjibhai Bhanshali: Mr. Bhanshali has been re-appointed as the Managing Director for a term of five years, effective August 6, 2025. With over 15 years of experience in real estate development, Mr. Bhanshali has been instrumental in shaping the company's strategic direction.

• Continuation of Rakhee Jain: The Board approved the continuation of Rakhee Jain's tenure as an Independent Director for the remaining two years of her first term. Ms. Jain, a qualified Company Secretary with over 20 years of experience, brings valuable expertise to the Board.

• Re-appointment of Vinod Mohanlal Jain: Mr. Jain, who was liable to retire by rotation, has been re-appointed as a director of the company.

Other Key Decisions

• Statutory Auditors: M/s. Bansilal Shah & Co have been re-appointed as the Statutory Auditors of the company.

• Board Report Approval: The Board Report for the financial year 2024-25 has been approved.

• Remuneration Approval: The Board has approved the payment of remuneration to managerial personnel exceeding prescribed limits, subject to shareholder approval.

• Annual General Meeting Preparations: The company has set the book closure period from August 11-18, 2025, for the 14th Annual General Meeting. August 11, 2025, has been fixed as the cut-off date for determining shareholder eligibility for e-voting.

These decisions reflect Veer Global Infraconstruction Limited's proactive approach to corporate governance, financial planning, and strategic growth. The company's focus on capital raising and key appointments indicates its readiness to capitalize on opportunities in the dynamic real estate sector.

Shareholders will have the opportunity to vote on these major decisions at the upcoming Annual General Meeting. As always, the implementation of these plans will be subject to necessary regulatory approvals and market conditions.