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Vakrangee Ltd Q2FY24; 91% fall in Profits

Incorporated in 1990, Vakrangee is a technology-driven company centered around building last-mile retail outlets to deliver BFSI and other services to the unserved and underserved rural, semi-urban, and urban population of the country.

Financial Results:

Vakrangee Ltd reported Revenues for Q2FY24 of ₹51.54 Crores down from ₹234.07 Crore year on year, a fall of 77.98%.

Total Expenses for Q2FY24 of ₹51.42 Crores down from ₹228.62 Crores year on year, a fall of 77.51%.

Consolidated Net Profit of ₹0.42 Crores down 91.29% from ₹4.82 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.00, down 100.00% from ₹0.05 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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