VL E-Governance & IT Solutions Limited — Important, 02-08-2025: General Updates

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 Sankalp Industrial Smart City Project, expected to boost future revenue and profitability. A binding term sheet was signed to acquire a 40% stake in HAL-Edgewood Technologies, expanding into the >USD 15 Billion high-tech aviation, aerospace, and defense sectors. Management aims for continued growth through e-Governance projects and renewable energy initiatives.