Vakrangee Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Vakrangee Ltd reported a 3.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 31.7%.
- Its expenses for the quarter were up by 3.3% QoQ and 30.9% YoY.
- The net profit increased 75.0% QoQ and decreased 15.3% YoY.
- The earnings per share (EPS) of Vakrangee Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 68.63 | 66.07 | 52.13 | 3.9% | 31.7% |
Total Expenses | 67.02 | 64.89 | 51.19 | 3.3% | 30.9% |
Profit Before Tax | 1.61 | 1.19 | 1.69 | 35.3% | -4.7% |
Tax | 0.57 | 0.60 | 0.45 | -5.0% | 26.7% |
Profit After Tax | 1.05 | 0.60 | 1.24 | 75.0% | -15.3% |
Earnings Per Share | 0.00 | 0.00 | 0.00 | - | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Vakrangee Ltd is an Indian company primarily engaged in providing technology-driven services. The company operates in various sectors including e-commerce, logistics, and financial services. Vakrangee's key offerings include setting up and managing last-mile retail outlets, known as Vakrangee Kendras, which provide a range of services including banking, insurance, e-commerce, and logistics to underserved rural and urban markets. The company has been focused on expanding its network and improving its technology infrastructure to enhance service delivery. Recent developments in the company may include strategic partnerships and expansions in its service offerings, although specific recent events are not provided in the data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Vakrangee Ltd reported a total income of ₹68.63 crores. This represents a 3.9% increase compared to the previous quarter (Q2FY25), where the total income was ₹66.07 crores. Year-over-year, the company saw a significant increase of 31.7% in its total income compared to ₹52.13 crores in Q3FY24. This growth in revenue could be attributed to a variety of factors, including potential expansion of services or increased demand for the company's offerings, although the specific drivers are not detailed in the provided data.
Profitability
For Q3FY25, Vakrangee Ltd recorded a profit before tax of ₹1.61 crores, reflecting a quarter-over-quarter increase of 35.3% from ₹1.19 crores in Q2FY25. However, this figure represents a slight year-over-year decline of 4.7% from ₹1.69 crores in Q3FY24. The company's tax expenses for the quarter amounted to ₹0.57 crores, showing a decrease of 5.0% from the previous quarter, but an increase of 26.7% compared to the same period last year. Consequently, the profit after tax for Q3FY25 stood at ₹1.05 crores, which is a substantial 75.0% improvement over the previous quarter's ₹0.60 crores, yet a decrease of 15.3% from ₹1.24 crores in Q3FY24. Earnings per share remained unchanged at ₹0.00.
Operating Metrics
Vakrangee Ltd's total expenses for Q3FY25 were ₹67.02 crores, marking a 3.3% increase from ₹64.89 crores in Q2FY25, and a 30.9% rise compared to ₹51.19 crores in Q3FY24. This suggests an upward trend in operational costs, which may be linked to business expansion or increased operational activities. The significant growth in total income relative to expenses indicates an ability to generate higher revenue amidst rising costs. However, the specifics of operational efficiency and financial ratios such as P/E ratio, debt-to-equity ratio, and current ratio are not available in the provided data, limiting a more detailed operational analysis.
