Virtual Galaxy Infotech Q1 FY27: Scaling banking platforms while widening Africa footprint
Frequently Asked Questions
The presentation reports revenue from operations of ₹40.4 crore for Q1 FY27 (quarter ended June 30, 2026), with 60 percent year on year growth.
The update highlights orderbook of ₹145.5 crore (100 percent year on year growth) and headcount of 468 (stated as in FY25). It also reports revenue from sale of products of ₹21.5 crore and software as a service services revenue of ₹17.9 crore.
The company reiterated FY27 revenue growth guidance of 40 to 50 percent and stated it aims to maintain 40 percent recurring revenues and sustain 25 percent profit after tax margins.
The presentation states the company’s platforms are live internationally in Tanzania, Malawi, Botswana, and Zimbabwe, and references expansion across Africa and Gulf Cooperation Council corridors.
The company disclosed a US$1.1 million software development contract with Botswana Development Corporation and a US$550,000 digital payments order in Zimbabwe.
Named platforms include E-Banker, IMIS, V-Pay, Transact Core, Audit Flux, Fin Flow, IBS-ERP, E-APMC, E-Autopsy, CyberSentinel, Virtual Vaani, and VGST, along with V-SOC referenced as a security operations center platform.
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