CG-VAK Software profit stalls at ₹9.12 cr
Standalone revenue grew 7.6% while the company absorbed a non-recurring labour code charge; dividends remain unchanged.
What's new with CG-VAK Software & Exports Ltd.
- Standalone revenue grew 7.6% YoY to ₹58.10 cr; consolidated revenue declined.
- The board declared a ₹1 per share dividend, matching prior years.
- A one-time ₹2.36 cr exceptional charge hit results due to new labour code compliance.
Why this matters for CG-VAK Software & Exports Ltd.
The company is essentially standing still. Profitability failed to track with revenue, and the flat bottom line leaves little room for investors to cheer.
What we're watching
- Whether consolidated revenue returns to growth in coming quarters.
- The sustainability of dividend payouts if profitability remains stagnant.
- Impact of regulatory labour costs on future operating margins.
The full read
CG-VAK Software & Exports closed its fiscal year with steady but distinctly muted results. Standalone revenue climbed 7.6% to reach ₹58.10 crore, yet profit after tax stalled at ₹9.12 crore.
Stagnant.
The company absorbed a one-time ₹2.36 crore exceptional charge tied to new labour code requirements, a regulatory headwind that suppressed the bottom line. While the standalone performance shows a mild expansion, the consolidated revenue figures moved in the opposite direction, suggesting underlying pressure across the broader business. The board maintained its historical dividend policy with a ₹1 per share payout. With an unmodified auditor's opinion, this filing offers no surprises. For this nano-cap, the results confirm a year of simple maintenance rather than growth or strategic transition.