Outcome of Board Meeting held on Wednesday, 27/05/2026 of VK Global Industries Limited (Formerly known as SPS International Limited)
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VK Global Industries Limited reported a strong turnaround, posting Q4 FY26 net profit of Rs. 17.45 Lacs compared to a loss of Rs. 19.75 Lacs in Q4 FY25. Total income for Q4 stood at Rs. 45.53 Lacs, up significantly from Rs. 5.91 Lacs in the same period last year. For the full year ended March 2026, the company reported total income of Rs. 104.83 Lacs and net profit of Rs. 13.36 Lacs, reversing a loss of Rs. 41.24 Lacs in FY25. EPS improved to Rs. 0.41 for Q4 FY26 from negative in the previous year. The statutory auditor Jain Jain & Associates issued an unmodified audit opinion, confirming clean financial reporting. The company also noted it commenced commercial production of Hydroponic Farming from March 2025.
The company has demonstrated a clear turnaround from losses to profitability with strong revenue growth. The clean audit opinion provides confidence in financial accuracy. Shareholders may see positive sentiment given the improvement from a loss-making position to profitability, though the absolute revenue levels remain modest.