Virtual Galaxy Infotech Limited (NSE:VGINFOTECH)

Virtual Galaxy Infotech Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	635.05	596.8	433.2	424.62
Revenue Growth (YoY)	6.41%	37.77%	2.02%	-
Cost of Revenue	278.44	435.24	306.13	296.48
Gross Profit	356.61	161.56	127.07	128.15
Selling, General & Admin	4.58	7.65	5.38	5.29
Other Operating Expenses	38.42	34.63	30.13	39.63
Operating Expenses	103.04	102.6	84.12	82.99
Operating Income	253.56	58.96	42.95	45.16
Interest Expense	-21.77	-27.17	-26.07	-25.41
Interest & Investment Income	0.48	0.45	0.94	0.68
Other Non Operating Income (Expenses)	-2.83	0.02	-0.02	0.16
Pretax Income	229.45	32.26	17.81	20.59
Income Tax Expense	63.03	29.69	17.48	8.39
Earnings From Continuing Operations	166.41	2.57	0.33	12.2
Minority Interest in Earnings	-1.02	4.61	3.69	-
Net Income	165.4	7.18	4.02	12.2
Net Income to Common	165.4	7.18	4.02	12.2
Net Income Growth	2204.51%	78.44%	-67.04%	-
Shares Outstanding (Basic)	17	17	17	11
Shares Outstanding (Diluted)	17	17	17	11
Shares Change (YoY)	-	-	50.00%	-
EPS (Basic)	10.02	0.43	0.24	1.11
EPS (Diluted)	10.02	0.43	0.24	1.11
EPS Growth	2230.24%	79.17%	-78.36%	-
Free Cash Flow	-25.76	1.75	79.16	-7.82
Free Cash Flow Per Share	-1.56	0.11	4.80	-0.71
Gross Margin	56.15%	27.07%	29.33%	30.18%
Operating Margin	39.93%	9.88%	9.92%	10.63%
Profit Margin	26.05%	1.20%	0.93%	2.87%
Free Cash Flow Margin	-4.06%	0.29%	18.27%	-1.84%
EBITDA	302.17	106.54	82.13	83.22
EBITDA Margin	47.58%	17.85%	18.96%	19.60%
D&A For EBITDA	48.61	47.58	39.18	38.06
EBIT	253.56	58.96	42.95	45.16
EBIT Margin	39.93%	9.88%	9.92%	10.63%
Effective Tax Rate	27.47%	92.05%	98.16%	40.73%
Revenue as Reported	635.77	597.65	434.37	425.47
Advertising Expenses	2.84	5.95	3.4	4.23

Source: S&P Global Market Intelligence. Standard template. Financial Sources.