Outcome of Board Meeting held on Tuesday, 15-07-2025 of VK Global Industries Limited.
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The Board of VK Global Industries Ltd (formerly SPS International Ltd) met on 15 July 2025 and approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Total revenue from operations nearly tripled year-on-year to ₹16.76 lakhs versus ₹5.91 lakhs in Q1 FY25, but the company posted a wider net loss of ₹7.51 lakhs (vs a ₹4.88 lakh loss a year ago) as expenses rose to ₹24.27 lakhs. Basic and diluted EPS stood at ₹(0.18) versus ₹(0.12) in Q1 FY25. The Board also appointed M/s P.C. Jain & Co. as Secretarial Auditor for 5 years (FY26–FY30) subject to shareholder approval, and M/s Saurabh RD and Associates as Internal Auditor for FY26. The 32nd Annual General Meeting was fixed for 2 September 2025, to be held via video conferencing.
The sharp jump in Q1 revenue is a positive sign, but widening losses and continued negative EPS indicate ongoing operational stress — shareholders should watch for sustained revenue growth translating into profitability. The auditor appointments and AGM scheduling are routine governance items with no material impact on the stock.