| Scrip code | 000000 |
|---|---|
| NSE Symbol | VGINFOTECH |
| MSEI Symbol | NOTLISTED |
| ISIN | INE0VRH01015 |
| Name of Company | Virtual Galaxy Infotech Limited |
| Type of company | SME |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 14-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 11-08-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | IT and IT enabled services |
| Start date and time of board meeting | 14-08-2026 03:00:00 |
| End date and time of board meeting | 14-08-2026 04:25:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 2 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| NA | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Revenue From Operations | ||
| Revenue from operations | 4,037.56 | 4,037.56 | |
| Other income | 1.23 | 1.23 | |
| Total Income | 4,038.79 | 4,038.79 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 1,026.17 | 1,026.17 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 1.70 | 1.70 |
| (d) | Employee benefit expense | 344.98 | 344.98 |
| (e) | Finance costs | 84.04 | 84.04 |
| (f) | Depreciation and amortisation expense | 876.26 | 876.26 |
| (g) | Other Expenses | ||
| 1 | Direct Expenses | 47.27 | 47.27 |
| 2 | Indirect Expenses | 360.19 | 360.19 |
| Total other expenses | 407.46 | 407.46 | |
| Total expenses | 2,740.61 | 2,740.61 | |
| 3 | Profit before exceptional and extraordinary items and tax | 1,298.18 | 1,298.18 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Profit before extraordinary items and tax | 1,298.18 | 1,298.18 |
| 6 | Extraordinary items | 0.00 | 0.00 |
| 7 | Profit before tax | 1,298.18 | 1,298.18 |
| 8 | Tax Expense | ||
| Current tax | 422.20 | 422.20 | |
| Deferred tax | (44.16) | (44.16) | |
| Total tax expenses | 378.04 | 378.04 | |
| 9 | Net Profit Loss for the period from continuing operations | 920.14 | 920.14 |
| 10 | Profit (loss) from discontinuing operations before tax | 0.00 | 0.00 |
| 11 | Tax expense of discontinuing operations | 0.00 | 0.00 |
| 12 | Net profit (loss) from discontinuing operation after tax | 0.00 | 0.00 |
| 13 | Profit (loss) for period before minority interest | 920.14 | 920.14 |
| 14 | Share of profit (loss) of associates | ||
| 15 | Profit (loss) of minority interest | ||
| 16 | Net profit (Loss) for the period | 920.14 | 920.14 |
| 17 | Details of equity share capital | ||
| Paid-up equity share capital | 2,486.86 | 2,486.86 | |
| Face value of equity share capital | 10 | 10 | |
| 18 | Reserves excluding revaluation reserve | ||
| 19 | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 3.7 | 3.7 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 3.57 | 3.57 | |
| 20 | Debt equity ratio | 0.2100 | 0.2100 |
| 21 | Debt service coverage ratio | 5.2200 | 5.2200 |
| 22 | Interest service coverage ratio | 6.0800 | 6.0800 |
| 23 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes on the Financial Results of Virtual Galaxy Infotech Limited for the quarter ended 30th June 2026 1.The above-mentioned financial results have been reviewed by the Audit committee in their meeting on 14th August 2026 and approved by board of Directors in their meeting held on 14th August 2026. 2.There is no investor complaints received/pending as on 30th June 2026. 3.The Statutory Auditors have expressed an unmodified audit conclusion on the aforesaid results. 4.As per MCA notification dated 16th February 2015, companies whose shares are listed on SME as referred to in Chapter XB(LODR)2015 are exempted from adoption of IND AS. As company covers the exempted category, it has not adopted IND AS for the preparation of financial results. The Statements are prepared in accordance with the requirement of Accounting Standards (AS) specified under section 133 of the Companies Act, 2013 read with rule 7 of the Companies (Accounts) Rules, 2014. 5.All activities of the company revolve around the main business and as such there is no separate reportable business segment, and all the operations of the company are conducted within India as such there is no separate reportable geographical segment. 6.During FY 202526, the Board approved the issue of 12,43,432 warrants convertible into equity shares to the Promoter and Promoter Group at its meeting held on February 14, 2026, which was subsequently approved by the shareholders on March 17, 2026. The Company received in-principal approval from NSE vide letter ref. no. NSE/LIST/53681 dated April 10, 2026. Pursuant thereto, and upon receipt of 25% subscription consideration, the Board approved the allotment of warrants on April 23, 2026. The purpose of the issue is for Working Capital and General Corporate Purpose requirements. Auditors have made unmodified conclusion in respect of this matter. Utilization till the date the date of signing the report is as per the table: (Rs. in lakhs) Objects of the Issue Total Issue Amount Received / to be received on 12,43,432 Warrants Amount Received During the Period Amount Utilized Total Unutilized Amount Working Capital 1 ,482.80 - - - Other General Corporate Purpose 494.26 494.26 490.00 4.26 Total 1,977.06 494.26 490.00 4.26 7.The Company has voluntarily opted for quarterly financial reporting with effect from the quarter ended 31st December 2025. Prior to such voluntary adoption, the Company was following the half-yearly financial reporting framework applicable to SME listed entities. Accordingly, corresponding quarterly financial information for the three months ending 30th June 2025 was not reported and has not been presented. 8.Figures for the previous year/period have been regrouped/rearranged wherever considered necessary. |
|---|
| 20 | Debt equity ratio | As the issue amount is below the prescribed threshold for appointment of a Monitoring Agency, the Fund Utilization Certificate has been obtained from the Statutory Auditor, K.K. Mankeshwar & Co. dated 13th August 2026 . |
|---|---|---|
| 21 | Debt service coverage ratio | |
| 22 | Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | |||||||
| Net Segment Asset | |||||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | |||||||
| Net Segment Liabilities | |||||||
| Disclosure of notes on segments | |||||||
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | K. K. Mankeshwar & Co. | Yes | 30-04-2028 | ||
|---|---|---|---|---|---|
| Mode of Fund Raising | Public Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 19-05-2025 |
| Amount Raised | 9,329.40 |
| Report filed for Quarter ended | 30-06-2026 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | Infomerics Valuation and Rating Limited |
| Is there a Deviation / Variation in use of funds raised | Yes |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | No |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | As per the revised objects approved through the Shareholders’ Resolution passed at the EGM dated September 29, 2025, Object No. 3 pertains to working capital requirements, towards which the company had utilized the entire earmarked amount of Rs. 27.97 crore during H1 FY26. During Q1 FY27, the company further utilized Rs. 11.80 crore towards working capital requirements, of which Rs. 5.97 crore was utilized towards salary payments for April to June 2026 and the balance towards purchase of materials for software maintenance. Accordingly, the additional utilization of Rs. 11.80 crore during Q1 FY27 was in excess of the amount earmarked under the revised Object No. 3 and is considered a deviation from the revised objects of the issue. |
| Comments of the Audit Committee after review | Nil |
| Comments of the auditors, if any | Nil |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Capital expenditure towards setting up additional development facility in Nagpur Maharashtra | a) Purchase of Land on lease at Mihan SEZ, Nagpur, Maharashtra [Rs. 6.30 CR] and b) Working Capital Requirements [Rs. 27.97 CR] | 3,426.83 | 3,426.83 | 3,977.03 | 1,180.02 | As per the revised objects approved through the Shareholders' Resolution passed at the EGM dated September 29, 2025, Object No. 3 pertains to working capital requirements, towards which the company had utilized the entire earmarked amount of Rs. 27.97 crore during H1 FY26. During Q1 FY27, the company further utilized Rs. 11.80 crore towards working capital requirements, of which Rs. 5.97 crore was utilized towards salary payments for April to June 2026 and the balance towards purchase of materials for software maintenance. Accordingly, the additional utilization of Rs. 11.80 crore during Q1 FY27 was in excess of the amount earmarked under the revised Object No. 3 and is considered a deviation from the revised objects of the issue |
| Mode of Fund Raising | Others |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 23-04-2026 |
| Amount Raised | 494.26 |
| Report filed for Quarter ended | 30-06-2026 |
| Monitoring Agency | Not Applicable |
| Monitoring Agency Name, if applicable | |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | Nil |
| Comments of the Audit Committee after review | Nil |
| Comments of the auditors, if any | Nil |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | 0 | 0 | 0.00 | 0.00 | 0.00 | 0.00 | As the issue amount is below the prescribed threshold for appointment of a Monitoring Agency, the Fund Utilization Certificate has been obtained from the Statutory Auditor, K.K. Mankeshwar & Co. dated 13th August 2026 . However, in the XBRL filing, the signatory details are auto-populated from SOD-1, and the Monitoring Agency's signatory details are fetched automatically from the information available therein. Out of Rs.494.26 lakhs received as 25% upfront consideration against the preferential issue of warrants, Rs.490.00 lakhs has been utilised for the stated objects, while Rs.4.26 lakhs remains unutilised as at the reporting date. |
| Name of signatory | Gaurav Jain |
| Designation of person | Director |
| Place | Pune |
| Date | 14-08-2026 |