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Software firm Vakrangee Ltd today reported 19.52 per cent rise in standalone profit at Rs 95.36 crore for the second quarter ended September 30, 2015. The company had reported a profit of Rs 79.78 crore in the corresponding quarter last year.
Net sales stood at Rs 783.86 crore in the second quarter of FY16 as against Rs 697.85 crore for the corresponding quarter last year, registering a growth of 12.32 per cent.
EBIDTA stood at Rs 204.98 crore as against Rs 182.80 crore for the corresponding quarter last year, registering a growth of 12.13 per cent, it added.
Vakrangee is a technology driven company focused on building India’s largest network of last-mile retail touch points to deliver real-time banking, insurance, e-governance, e-commerce and ATM services to the unserved rural, semi-urban and urban markets.
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