• Latest
  • Trending
Virtual Galaxy Infotech Q4 profit jumps 196% on strong AI-led growth momentum

Virtual Galaxy Infotech Q4 profit jumps 196% on strong AI-led growth momentum

Wipro Limited completes acquisition of Olam Group’s IT Services arm Mindsprint

Wipro shares rise after strong ADR jump

Happiest Minds sees 12.5% FY27 growth, announces ₹3.65 dividend

Happiest Minds sees 12.5% FY27 growth, announces ₹3.65 dividend

Bharat Dynamics Q4 net profit declines on falling core revenue

Bharat Dynamics Q4 net profit declines on falling core revenue

Gold’s 21% correction: Panic, profit booking or the beginning of a new monetary era?

Gold’s 21% correction: Panic, profit booking or the beginning of a new monetary era?

Wipro, ServiceNow expand partnership to scale agentic AI across enterprise workflows

Wipro, ServiceNow expand partnership to scale agentic AI across enterprise workflows

India foodgrain output rises 5% led by record rice, wheat

India foodgrain output rises 5% led by record rice, wheat

PhysicsWallah launches ‘School of Startups’; sets up Rs 100 crore fund to support startups

PhysicsWallah narrows Q4 loss as revenue jumps

Old school forever: Royal Enfield Bullet 650 launched in India

Old school forever: Royal Enfield Bullet 650 launched in India

Middle East tensions shake oil and metals markets

Middle East tensions shake oil and metals markets

Matangi Rubber files draft papers for IPO

Matangi Rubber files draft papers for IPO

AstraZeneca India posts strong 33% FY26 growth

AstraZeneca India posts strong 33% FY26 growth

Coal India shares under pressure as Government offers 2% stake at 10% discount

Coal India shares under pressure as Government offers 2% stake at 10% discount

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Friday, May 29, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Virtual Galaxy Infotech Q4 profit jumps 196% on strong AI-led growth momentum

in Business, Tech
Reading Time: 3 mins read
0
Virtual Galaxy Infotech Q4 profit jumps 196% on strong AI-led growth momentum
Share on FacebookShare on Twitter

DBT Bureau

Pune, 29 May 2026

Virtual Galaxy Infotech Limited reported a strong financial performance for the quarter ended March 31, 2026, driven by continued traction in AI-led products offerings and increased adoption across BFSI, ERP, Cyber Security and e-governance segments.

The company registered a 196% increase in net profit at ₹ 14.5 crore for Q4 FY26, compared to ₹ 4.9 crore in the corresponding period last year. The growth was driven by robust deal execution, a healthy order pipeline, and rising demand for digital transformation solutions across sectors.

Revenue from Operations grew by 189% to ₹ 54.7 crore during the quarter under review, up from ₹ 18.9 crore in Q4 FY25, reflecting strong traction in both domestic and international markets. The company’s EBITDA stood at ₹ 27.7 crore, registering a growth of 178% year-on-year, with EBITDA margins at 50.7%, supported by operating leverage and a higher contribution from high-margin AI-driven solutions..For the full year ended March 31, 2026, the company reported net profit of ₹ 46.1 crore, up 44% year-on-year, while Revenue from Operations stood at ₹ 182.1 crore, up 52% year-on-year, unde₹coring consistent business momentum.

The company has signed a Software Development Agreement with Botswana Development Corporation Limited, Botswana. Under the agreement, the Company will deliver end-to-end software development services, including solution design, implementation, licensing, and ongoing maintenance and technical support. The scope also encompasses integration with third-party systems, system testing, user training, and disaster recovery services, reinforcing the Company’s growing international footprint and capabilities in delivering large-scale digital transformation projects.

Commenting on the company’s performance during the quarter, Sachin Pande, Co-founder & Managing Director of Virtual Galaxy Infotech, said, “There has been a steady surge in demand for advanced IT solutions across various sectorsincluding BFSI, ERP, Cyber Security and e-governance. We have been coming up with customised products and solutions to cater to the diverse needs of these sectors and this has helped shore up our revenues. While BFSI constitutes a major chunk of our total business, we are expecting the other sectorssuch as ERP and e-governance to also scale up in the coming quarters. We are hopeful of sustaining the growth momentum going forward.”

Virtual Galaxy Infotech continues to strengthen its positioning as an AI-first technology company delivering intelligent and scalable solutions across core banking, fintech, digital payments, cybersecurity, ERP, and e-governance. During the quarter, the company witnessed strong traction in its AI-driven core banking platforms and digital payment solutions, along with increased adoption of its Cybersentinel cybersecurity suite amid rising enterprise security requirements. The company also expanded its presence across government and public sector projects and continued to build momentum in international markets, particularly in Africa and the Middle East.

The company maintained a healthy order book during the quarter, supported by strong deal wins and repeat business from existing clients, providing clear visibility for sustained growth in the coming quarters. Its continued investments in artificial intelligence, machine learning, and automation are enabling the development of next-generation enterprise solutions and strengthening its competitive positioning.

Related Posts

Happiest Minds sees 12.5% FY27 growth, announces ₹3.65 dividend

Happiest Minds sees 12.5% FY27 growth, announces ₹3.65 dividend

0

DBT Bureau Pune, 29 May 2026 Happiest Minds Technologies Limited reported its consolidated results for its Fourth quarter ended March...

Wipro, ServiceNow expand partnership to scale agentic AI across enterprise workflows

Wipro, ServiceNow expand partnership to scale agentic AI across enterprise workflows

0

DBT Bureau Pune, 28 May 2026 Wipro Limited announced its expanded partnership with ServiceNow to implement and scale the impact...

AstraZeneca India posts strong 33% FY26 growth

AstraZeneca India posts strong 33% FY26 growth

0

DBT Bureau Pune, 27 May 2026 AstraZeneca Pharma India Limited announced its full-year results for the financial year (FY) ended...

Pine Labs returns to profit as growth momentum accelerates

Pine Labs returns to profit as growth momentum accelerates

0

Athira Sethu Kochi, 26 May 2026 Pine Labs delivered a sharp turnaround in FY26, posting its first full year of...

Wipro Limited completes acquisition of Olam Group’s IT Services arm Mindsprint
Market

Wipro shares rise after strong ADR jump

0

Athira Sethu Kochi, 29 May 2026 Shares of Wipro setteled higher on Friday after company’s ADRs saw a surge on...

Read moreDetails
Happiest Minds sees 12.5% FY27 growth, announces ₹3.65 dividend
Tech

Happiest Minds sees 12.5% FY27 growth, announces ₹3.65 dividend

0

DBT Bureau Pune, 29 May 2026 Happiest Minds Technologies Limited reported its consolidated results for its Fourth quarter ended March...

Read moreDetails
Bharat Dynamics Q4 net profit declines on falling core revenue
Market

Bharat Dynamics Q4 net profit declines on falling core revenue

0

Athira Sethu Kochi, 29 May 2026 State-run miniratna company Bharat Dynamics saw its share price attract investor attention on Friday,...

Read moreDetails
Gold’s 21% correction: Panic, profit booking or the beginning of a new monetary era?
Commodity

Gold’s 21% correction: Panic, profit booking or the beginning of a new monetary era?

0

DBT Bureau Pune, 29 May 2026 Gold is witnessing one of the most debated corrections in modern financial history. After...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.