Quarterly Result25 Jul 2025, 01:19 pm
Vakrangee Ltd Delivers Strong Performance with 18.0% Revenue Increase and 48.5% Profit After Tax Growth
AI Summary
Vakrangee Ltd, a leading technology-driven company, has reported a robust performance for the quarter ended June 30, 2025. The company's revenue has increased by 18.0% on a Year-over-Year (YoY) basis, while the profit after tax has surged by 48.5% YoY. The company's subsidiary, Vortex Engineering, has also recorded a significant growth of 23.2% in YoY revenue and a 57.6% growth in the number of ATM machines shipped. The company is strategically focusing on high-margin business for better profitability and phasing out low-margin business to optimize operations.
Key Highlights
- Revenue increases by 18.0% on YoY basis
- Profit after tax increases by 48.5% on YoY basis
- Vortex Engineering records 23.2% YoY revenue growth and 57.6% growth in ATM machines shipped
- Strategic focus on high-margin business for better profitability
- Phasing out low-margin business to optimize operations