VL E-Governance & IT Solutions Ltd

• Q3 revenue dropped 70.5% QoQ to ₹448.19 lakhs • Net loss recorded in Q3 affecting YTD profitability • Signed MoU as EPC partner for ₹800 Cr Sankalp Smart City project • Exploring govt e-governance & renewable energy projects for growth

🔍 Financial Performance Update:

• Q3 FY25-26 revenue fell 70.54% QoQ to ₹448.19 lakhs, causing EBITDA loss of ₹74 lakhs and PAT loss of ₹71.38 lakhs.
• Nine months revenue declined 37.90% YoY to ₹1596.89 lakhs, with net loss compared to prior profit.

💡 Strategic Business Initiatives:

• Signed MoU as EPC partner for ₹800 crore Sankalp Industrial Smart City spanning 494 acres in Phase I.
• Revenue from this project has begun and is projected to grow significantly.

🚀 Growth Outlook & New Opportunities:

• Debt-free status enables funding of expansion plans.
• Exploring government e-governance projects like ULPIN, Aadhaar integration, solar power, and EV charging stations.
• Evaluating ventures in renewable energy, aerospace, defense via acquisition or joint ventures.

📊 Balance Sheet Highlights:

• Net worth stable at approx. ₹4586.7 lakhs with no current debt.
• Cash decreased to ₹30.85 lakhs, other current assets fell, affecting working capital.

🔎 Investor Takeaway:

• Q3 loss indicates short-term challenges but large smart city contract offers growth potential.
• Expansion in government digital infrastructure & renewable energy could strengthen future revenues.
• Strong financial position supports strategic initiatives and scalability.

In summary, the update shows a mix of near-term revenue decline alongside proactive efforts to build future opportunities through large-scale projects and emerging sectors.