Outcome of Board Meeting held on Tuesday, 11-11-2025 of VK Global Industries Limited (Formerly known as SPS International Limited.)
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The Board of Directors of VK Global Industries Ltd (BSE Scrip: 530177) met on November 11, 2025 and approved the unaudited financial results for the quarter and half year ended September 30, 2025, along with the limited review report from the statutory auditor (Jain Jain & Associates), which was unqualified. Revenue from operations rose sharply to Rs 18.11 lakhs in Q2 FY26 from negligible levels in Q2 FY25, and stood at Rs 34.87 lakhs for H1 FY26 versus Rs 5.91 lakhs in H1 FY25. The company continued to post a loss, but it narrowed to Rs 1.41 lakhs in Q2 FY26 and Rs 8.92 lakhs in H1 FY26 (versus Rs 13.91 lakhs loss in H1 FY25). Basic EPS remained negative, and total assets as on September 30, 2025 stood at Rs 319 lakhs with other equity slightly improving to Rs 111 lakhs from Rs 102 lakhs in March 2025.
While the company is still loss-making, the sharp jump in half-yearly revenue and the narrower loss versus the previous year point to early signs of operational recovery. However, absolute revenue and balance-sheet size remain very small, making this a high-risk micro-cap story with no assurance of sustained profitability yet.