Virgo Global Reports 32.26% Increase in Net Profit for March 2026 Quarter
Virgo Global standalone net profit rises 32.26% in the March 2026 quarter
Business Standard
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Virgo Global's net profit surged by 32.26% to ₹0.82 crore in the March 2026 quarter compared to ₹0.62 crore in the same quarter last year. However, the company's annual sales fell dramatically by 79.42% to ₹0.92 crore from ₹4.47 crore in the previous year.
- 01Net profit increased by 32.26% in March 2026 quarter.
- 02Sales for the March 2026 quarter were ₹0.92 crore.
- 03Annual sales declined by 79.42% compared to the previous year.
- 04The company reported a net loss of ₹0.23 crore for the full year.
- 05No sales were recorded in the previous quarter ended March 2025.
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Virgo Global reported a 32.26% increase in net profit for the quarter ending March 2026, reaching ₹0.82 crore, up from ₹0.62 crore in the same quarter of the previous year. Sales for this quarter amounted to ₹0.92 crore, a significant rebound given that there were no sales reported in the previous quarter ending March 2025. However, the company faced challenges over the full year, reporting a net loss of ₹0.23 crore for the year ending March 2026. This was a stark contrast to the previous year, where it recorded sales of ₹4.47 crore, marking a 79.42% decline in annual sales. The operational performance indicated an operating profit margin of 89.13% for the quarter, highlighting efficiency despite the overall drop in sales.
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