DBT Bureau
Pune, 18 June 2025
Virtual Galaxy Infotech Limited, a leading player in hybrid SaaS and enterprise software solutions, registered 97.05 per cent rise in net profit on a standalone basis at Rs 32.12 crore for the year ended March 31, 2025, as compared with Rs 16.30 crore in 2023-24. Revenue from operations on a standalone basis increased by 95.48 per cent at Rs 120.14 crore during 2024-25, as against Rs 61.46 crore in FY24.
The company’s EBITDA increased by 79.37 per cent at Rs 55.55 crore in 2024-25, as compared with Rs 30.97 crore last year. The EBITDA margin stood at 46.24 per cent during the year under review as against 50.38 per cent last year.
Virtual Galaxy Infotech provides core banking software solutions, IT solutions, ERP implementation, and customized software solutions development and IT services for the BFSI, ERP, and E-Governance domains. BFSI segment accounts for nearly 92 per cent of its total business, but it has also been witnessing steady traction in the other segments, including ERP and e-governance, among others.
Commenting on the company’s performance during 2024-25, Sachin Pande, Co-founder & Managing Director of Virtual Galaxy Infotech, said, “We have posted an impressive growth in both our topline and bottomline backed by a steady rise in demand for advanced IT solutions across various sectors. Our topline grew by nearly 95.48 per cent while the PAT increased by 97.05 per cent during 2024-25 with a major share of the business coming in from our core banking software solutions aimed at the BFSI sector. However, we have been continuously innovating and coming up with customised solutions to meet the varied demands of the industry. We are confident that this will help boost our topline further in the coming quarters.”
Revenue from BFSI sector increased by nearly 95.91 per cent at Rs 110.20 crore during the year under review as against Rs 56.25 crore last year. “This clearly demonstrates the growing acceptance of our products and solutions in the BFSI industry. We are confident of sustaining this growth momentum by coming up with customised solutions to suit the needs of various players within the sector,” Pande pointed out.
Revenue from ERP segment grew nearly three-fold at Rs 9.44 crore during 2024-25, as compared with Rs 3.22 crore last year.
The company recently forayed into the cybersecurity domain by launching a groundbreaking cybersecurity product, Cyber Sentinel, to address the rapidly evolving threat landscape. With this product, the company aims to leverage its extensive expertise in AI-driven technologies and enterprise solutions and redefine how organizations safeguard their digital assets in an era of increasing cyber risks.
“While core banking solutions continue to remain an area of focus for us but we are also constantly upgrading ourselves and moving up the value chain with an array of products and solutions aimed that can help empower organizations to stay ahead of evolving cyber threats. We expect these products and solutions to gain wide acceptance in the market and contribute directly to our bottom line moving forward,” Pande said.
Exports also witnessed a robust growth, registering an increase of nearly 96.88 per cent at Rs 8.84 crore. “We have moved into African markets of Tanzania and Malawi, and we have received a good response from across various industries. We are looking to further strengthen our presence in these markets before expanding our footprint into newer geographies, which is expected to further fortify our exports going forward,” he said.
The company recently made a stellar debut on the stock exchange and got listed at a premium of 26.76 per cent on NSE Emerge.
