Virtual Galaxy Secures ₹20 Crore Contract Spanning 7 Years
Virtual Galaxy Infotech, an SME sector company, has won a significant business contract valued at ₹20 crore with a duration of 7 years. This long-term deal is expected to provide the company with a stable revenue stream and potentially strengthen its market position. The contract could offer opportunities for growth and may boost investor confidence. However, specific details about the nature of services or products to be provided under this contract have not been disclosed.
13Jun 25
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.