Outcome of meeting of Board of Directors of VK Global Industries Limited to approve and take on record the Audited Financial Results of the Company for the quarter and year ended 31st March,2025.
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VK Global Industries' board approved its audited results for FY25 showing revenue from operations of ₹7.08 Lacs, up from ₹2.78 Lacs last year, though the company booked a net loss of ₹41.24 Lacs (widened from ₹35.72 Lacs loss in FY24). Total expenses rose to ₹54.24 Lacs against minimal revenue, leaving EPS at ₹(0.97). The company has commenced commercial production of Hydroponic Farming from March 1, 2025, which may drive future revenue. Cash and bank balances dropped sharply to ₹72 Lacs from ₹272 Lacs a year ago. The statutory auditor issued an unmodified (clean) opinion on the results.
The company remains deep in the red with expenses vastly outstripping revenue, raising concerns about long-term viability despite the new hydroponic venture; shareholders should watch closely for signs of revenue scaling from the new business, as the stock remains a high-risk micro-cap with thin liquidity.