VL E-Governance & IT Solutions Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

VL E-Governance & IT Solutions posted revenue of ₹30.69 Cr for the year, up from ₹22.01 Cr last year. However, an exceptional charge of ₹2,518.41 Cr due to Expected Credit Loss provisions led to a massive net loss of ₹2,517.03 Cr. Despite the heavy loss, the company holds a positive net worth of ₹45.70 Cr and maintains healthy core operations. The statutory auditor gave an unqualified opinion, supporting the integrity of the financials.