Virtual Galaxy Infotech Reports Quarterly Results; Warrants Issued for Working Capital and Corporate Purposes
Virtual Galaxy Infotech Limited (formerly known as Virtual Galaxy Infotech Pvt. Ltd.) has reported its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors considered and approved these results during a meeting held on August 14, 2026, alongside a Limited Review Report prepared by the Statutory Auditors.The company also reviewed the Monitoring Agency Report regarding the utilization of proceeds raised through its Initial Public Offer (IPO) for the quarter ending June 30, 2026.
Financial Highlights and Key Metrics
For the three months ended June 30, 2026, Virtual Galaxy Infotech reported Total Income of ₹4,038.79 lakhs. Profit/(Loss) from continuing operations stood at ₹920.14 lakhs, resulting in a Basic Earning Per Share (EPS) of 3.70 and a Diluted EPS of 3.57.The company voluntarily adopted quarterly financial reporting beginning with the quarter ended December 31, 2025, having previously followed a half-yearly reporting framework applicable to SME listed entities. The statutory auditors issued an unmodified audit conclusion on the results.
Financial Data Summary (₹ in lakhs)
The following table provides details of the standalone financial results for the quarter ending June 30, 2026, including comparative figures:| Particulars | Q ended 30/06/2026 (Unaudited) | Preceding 3 Months Ended 31/03/2026 (Audited) | 6 Months Ended 31/03/2026 (Unaudited) | Corresponding 6 Months Ended 31/03/2025 (Unaudited) | 6 Months Ended 31/03/2025 (Unaudited) | Current Year Ended 31/03/2026 (Audited) |
|---|---|---|---|---|---|---|
| I. Revenue from operations | 4,037.56 | 5,466.07 | - | 9,592.52 | 8,613.12 | 4,853.47 |
| II. Other income | 1.24 | - | 77.57 | 87.69 | 39.77 | 26.94 |
| III. Total Income (I + II) | 4,038.79 | - | 5,543.64 | 9,680.21 | 8,652.89 | 4,880.41 |
| Total Expenses | - | 2,740.62 | 3,540.74 | 6,338.07 | 5,546.55 | 3,050.63 |
| V. Profit before tax (IX) | 1,298.18 | - | 3,106.34 | 1,829.78 | 6,448.49 | |
| XI. Profit / (Loss) from continuing operations | 920.14 | - | 2,407.16 | 1,298.47 | 4,609.30 |
Warrants Issue and Utilization Status
The company had approved the issue of 1,243,432 convertible share warrants to the Promoter and Promoter Group. These warrants are designated for use in Working Capital and Other General Corporate Purpose.As per the financial review, the total value related to these warrants is ₹1,977.06 lakhs. The company received ₹494.26 lakhs during the period, which was utilized at a rate of ₹490.00 lakhs. This resulted in an unutilized amount of ₹4.26 lakhs.
The board meeting also noted that none of the warrants had been converted into equity shares as of June 30, 2026.
VGINFOTECH Stock Price Movement
Today, Virtual Galaxy Infotech Limited shares edged higher, settling at ₹156.95 after closing the session and recording a 1.26% gain. The equity saw total traded volume of 12,000 shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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