Vakrangee Ltd delivers strong performance in Q3 & 9M of FY25
In a recent announcement, Vakrangee Ltd, a technology-driven company founded in 1990, reported impressive financial results for the third quarter (Q3) and nine months (9M) of the fiscal year 2025 (FY25). The company’s financial performance has been gaining attention in the market, with its shares rising significantly in recent times.
For Q3, Vakrangee Ltd’s total income rose by a substantial 31.7% year-on-year (YoY) to ₹6,863.0 lakh, driven by strong growth in its various business segments. Profit before tax (PBT) also saw a significant increase of 72% YoY to ₹161.3 lakh, reflecting the company’s improving operational efficiency and cost management.
The company’s performance for the nine-month period (9M) was equally impressive. Total income reached ₹19,429.6 lakh, up 31.7% YoY, while PBT surged 110.1% YoY to ₹590.6 lakh. These numbers demonstrate the company’s ability to sustain its growth momentum over a longer period.
Vakrangee Ltd’s financial performance can be attributed to its diversified business model, which includes services such as digital payments, financial services, and e-commerce. The company has been able to leverage its strong network of over 2.5 lakh retail touchpoints across India to drive growth in its business segments.
In recent times, Vakrangee Ltd has been gaining attention from institutional investors, including Foreign Institutional Investors (FIIs) and Mutual Funds. In fact, Life Insurance Corporation of India (LIC) holds a significant 44.1% stake in the company, while FIIs have increased their stake in the company. This increased interest from institutional investors is a testament to the company’s strong financial performance and growth prospects.
Vakrangee Ltd’s multibagger performance in recent times has also caught the attention of retail investors. The company’s shares have returned over 400% in the last one year, making it one of the top-performing stocks in the market. This strong performance has led to increased focus on the company, with many investors looking to ride the growth momentum.
In conclusion, Vakrangee Ltd’s strong performance in Q3 and 9M of FY25 is a testament to the company’s ability to drive growth and improve its financials. The company’s diversified business model, strong network, and improving operational efficiency are key drivers of its growth momentum. As the company continues to deliver strong financial results, it is likely to remain in the spotlight, with many investors looking to benefit from its growth prospects.
