VLEG reports strong turnaround and strategic expansion in FY2025

VL E-Governance & IT Solutions (VLEG) delivered a strong performance in FY2025, with total income rising by 30.68% year-on-year to ₹3,238.79 lakhs. The company achieved a remarkable turnaround in EBITDA, which moved from a negative ₹762.91 lakhs in FY2024 to a positive ₹143.89 lakhs in FY2025, driven by rigorous cost controls and margin expansion. VLEG also reached a debt-free status, repaying all borrowings from ₹5,108.86 lakhs in FY2024 to zero total debt, significantly strengthening its balance sheet with a net worth of ₹4,569.66 lakhs.

A key strategic highlight for FY2025 was the signing of a Memorandum of Understanding (MoU) with Ekansh Concepts Limited to serve as the EPC partner for Phase I of the Sankalp Industrial Smart City Project. This ambitious project, valued at approximately ₹800 crore, spans 494 acres. Additionally, VLEG acquired a 40% equity stake in HAL-Edgewood Technologies Private Limited (HETL), a joint venture with Hindustan Aeronautics Limited, marking a pivotal entry into the high-tech aviation, aerospace, defense, and satellite sectors, tapping into a potential US$15 billion market.