Q2FY22 Quarterly Result Announced for Vakrangee Ltd.
KEY FINANCIAL HIGHLIGHTS: Revenue from Operations stood at Rs 207.19 crore in Q2FY2021-22 as against Rs 70.23 crore for the corresponding quarter last year, registering a growth of 195.01%. EBIDTA stood at Rs 39.20 crore in Q2FY2021-22 as against Rs 22.47 crore for the corresponding quarter last year, registering a growth of 74.49%. PAT stood at Rs 26.74 crore in Q2FY2021-22 as against Rs 13.31 crore for the corresponding quarter last year, registering a growth of 100.90%. EPS (basic) for the face value of Rs 1 stood at Rs 0.25 in Q2FY2021-22 as against Rs 0.13 in Q2FY2020-21, registering a growth of 92.31%. PERFORMANCE OUTLOOK UPDATE Witnessed strong Financial & Operational growth. Return to normalcy on the business front has been progressing well as E-commerce, Online Healthcare and other services have become fully operational. Strong growth witnessed in Revenues due to increase in Number of outlets on a YoY basis as well as all services have become fully operational. EBIDTA Margins have stabilized at around 18.92% and PAT Margins at 12.91% as major contribution has been from BFSI & ATM services. These margins are in line with our long term sustainable Operating and PAT margins. Quarterly Throughput (Gross Transaction Value - GTV) crossed Rs. 115.2 Billion. Quarterly No. of Transaction crossed 32.1 Million. Strong Operating Leverage to result into significant improvement in profitability. Implemented Process automation & Technology Initiatives resulting into enhanced profitability. Result PDF11-10-2021