Vakrangee Reports Strong Q3 Results with Significant Year-on-Year Profit Growth
Vakrangee has announced its financial results for the quarter ending December 2024, revealing a Profit After Tax of Rs 4.12 crore, reflecting a year-on-year growth of 165.29%. The company's net sales reached a record high of Rs 67.88 crore, indicating consistent growth over the past five quarters.
Vakrangee, a small-cap player in the IT software industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable shift in the company's evaluation, with its score reflecting a positive adjustment over the past three months.The financial data reveals that Vakrangee's Profit After Tax (PAT) for the nine-month period reached Rs 4.12 crore, showcasing a significant year-on-year growth of 165.29%. This upward trend in PAT suggests a robust operational performance. Additionally, the company's net sales for the quarter hit a record high of Rs 67.88 crore, marking consistent growth over the last five quarters. This trend in sales performance further underscores the company's positive trajectory.
Overall, the recent financial results for Vakrangee highlight a favorable shift in its evaluation, driven by strong growth metrics in both profit and sales.
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