VL E-Governance & IT Solutions Limited
Incorporated in 2016, VL E-Governance& IT Solutions Ltd is in the business ofE-Governance & IT/ITES Business (B2B)
What VL files
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- Board Meeting9
- Updates9
- QIP/Rights/Pref.2
- Dividend/Bonus2
VL E-Governance's Q3 & nine-month results show significant revenue and PAT decline. The company is actively pursuing new growth: secured an 800 Cr smart city EPC project, acquiring 40% of HAL JV (HETL) for aerospace/defense (>$15B market), and bidding on government e-Governance, EV charging, and solar projects.
VL e-Governance & IT Solutions re-submitted its financial results for the quarter after initially omitting the balance sheet. Q2 revenue dropped to ₹3.25 Cr, leading to a ₹0.52 Cr loss vs ₹0.81 Cr profit YoY. Half-year revenue grew to ₹11.49 Cr but profit fell sharply to ₹0.17 Cr.
VL E-Governance & IT Solutions re-submitted Q2 financial results, correcting an omission of the Balance Sheet. Total assets stand at ₹48.38 Cr, with total equity at ₹45.87 Cr. Notably, non-current other financial assets surged to ₹40.03 Cr, while cash balances declined significantly.
VL E-Governance reported declining Q2/H1 FY26 financial results with negative PAT. However, the company commenced an ₹800 Cr EPC contract for Sankalp Smart City. It's also acquiring 40% of HETL to enter the $15B+ aerospace/defense market and plans bids for large government e-Governance, EV charging, and solar projects, remaining debt-free.
VL E-Governance reports strong Q1 FY2025-26 results. Revenue surged 227.75% YoY to Rs 8.24 Cr, with EBITDA growing 19.71% YoY to Rs 0.73 Cr. PAT stood at Rs 0.69 Cr, up 13.25% YoY. The company remains debt-free. Operational highlights include commencing work as EPC Partner for the ~Rs 800 Cr...