Vakrangee : Q1FY18 result
DSIJ Intelligence / 31 Jul 2017
Total sales for this quarter, Q1FY18, came in at Rs. 1301.85 crores. This represents a 13.7 per cent sequential increase and 41.89 per cent YoY increase.
Vakrangee Ltd. reported its results for the quarter ended June 30, 2017 today.
Total sales for this quarter, Q1FY18, came in at Rs. 1301.85 crores. This represents a 13.7 per cent sequential increase and 41.89 per cent YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 261.9 crores and the EBIT margin stood at 20.12 per cent.
In terms of the bottom-line, the company reported a PAT figure of Rs. 168.03 crores which represents a sequential QoQ increase of 10.99 per cent and a YoY increase of 38.3 per cent.
Vakrangee is the unique technology driven company focused on building India's largest network of last-mile retail outlets to deliver real-time banking, insurance, e-governance, ecommerce, and logistics services to the unserved & underserved rural, semi-urban and urban markets. These retail outlets are called as “Vakrangee Kendra” which act as the “One-stop shop” for availing various services and products.
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