Virtual Galaxy Reports Decline in H2 EBITDA and Net Profit
Virtual Galaxy Infotech, a key player in the technology sector, has released its H2 financial results showing a downturn in key metrics. The company's EBITDA decreased to ₹245.00 crore from ₹297.00 crore, marking a 17.51% year-over-year decline. Net profit saw a sharper decrease of 32.91%, falling to ₹53.00 crore from ₹79.00 crore in the same period last year. These figures indicate significant challenges in maintaining financial performance compared to the previous year.