VGINFOTECH2026-04-012026-06-30VGINFOTECH2026-06-30VGINFOTECH2026-04-012026-06-30in-capmkt:OtherExpenses1MemberVGINFOTECH2026-04-012026-06-30in-capmkt:OtherExpenses2MemberVGINFOTECH2026-04-012026-06-30AuditorDomain1VGINFOTECH2026-06-30Statement1VGINFOTECH2026-04-012026-06-30Statement1VGINFOTECH2026-06-30Statement2VGINFOTECH2026-04-012026-06-30Statement2VGINFOTECH2026-06-30StatementDynamic1I1Statement1VGINFOTECH2026-06-30StatementDynamic2I1Statement2iso4217:INRxbrli:pureiso4217:INRxbrli:shares000000VGINFOTECHNOTLISTEDINE0VRH01015Virtual Galaxy Infotech LimitedSMEEquity2026-04-012027-03-312026-08-142026-08-11INRLakhsQuarterlyFirst quarterSingle segmentIT and IT enabled services2026-08-1403:00:002026-08-1404:25:00Declaration of unmodified opiniontrue2falseNA2026-04-012026-06-30UnauditedStandalone403756000123000403879000102617000017000034498000840400087626000407460002740610001298180000129818000012981800042220000-441600037804000920140000009201400092014000248686000103.73.570.00210.05220.0608Notes on the Financial Results of Virtual Galaxy Infotech Limited <br /> for the quarter ended 30th June 2026 <br /> <br /> 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. <br /> <br /> 2.There is no investor complaints received/pending as on 30th June 2026. <br /> <br /> 3.The Statutory Auditors have expressed an unmodified audit conclusion on the aforesaid results. <br /> <br /> 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. <br /> <br /> 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. <br /> <br /> 6.During FY 2025�26, 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. <br /> <br /> 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: <br /> <br /> (Rs. in lakhs) <br /> 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 <br /> Working Capital 1 ,482.80 - - - <br /> Other General Corporate Purpose 494.26 494.26 490.00 4.26 <br /> Total 1,977.06 494.26 490.00 4.26 <br /> <br /> 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. <br /> <br /> 8.Figures for the previous year/period have been regrouped/rearranged wherever considered necessary. <br /> <br /> 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 .Direct Expenses4727000Indirect Expenses36019000UnauditedtrueK. K. Mankeshwar & Co.true2028-04-30Public Issues2025-05-199329400002026-06-30trueInfomerics Valuation and Rating LimitedtruefalseAs 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.NilNilGaurav JainDirectorPune2026-08-14OthersIssue of Warrants Convertible Into Equity Shares On Preferential Basis2026-04-23494260002026-06-30falsefalseNilNilNilCapital expenditure towards setting up additional development facility in Nagpur Maharashtraa) Purchase of Land on lease at Mihan SEZ, Nagpur, Maharashtra [Rs. 6.30 CR] and b) Working Capital Requirements [Rs. 27.97 CR]342683000342683000397703000118002000As 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 issue000000As 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 . <br /> <br /> 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. <br /> <br /> 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.