Vakrangee Limited — Updates, 26-04-2025: Press Release
Vakrangee Limited has reported a robust performance for FY2024-25, with significant revenue growth of 20.5% year-on-year, totaling Rs. 25,902.6 Cr, while Profit Before Tax (PBT) surged by 63.7% to Rs. 959.9 Lakhs. In Q4 FY2024-25, total income was Rs. 6,473.1 Lakhs, marking an 18.5% year-on-year increase, with PBT rising 68.9% to Rs. 369.3 Lakhs. The company's quarterly Gross Transaction Value (GTV) hit Rs. 13,655.5 Cr from 3.1 Cr transactions, while the annual GTV reached Rs. 54,258.5 Cr from 12.6 Cr transactions.
A major contributor to this performance is Vortex Engineering, which recorded a 26.3% revenue growth and a 36.6% increase in ATM shipments. The deployment strategy remains strong, with over 5,000 ATMs expected to be shipped in FY2025-26. Vakrangee maintains a debt-free status and a solid balance sheet, supporting its strategic focus on high-margin business to enhance profitability and drive sustained growth. Investors should view this trajectory positively, recognizing the potential for continued expansion and market leadership.
