Vakrangee Limited announced a 412% year-over-year increase in profit after tax for Q2 FY26, reaching ₹302.9 Lakhs. Revenue grew by 6.8% to ₹7,057.9 Lakhs. The company is focused on expanding its Vakrangee Kendra network and increasing its offerings in financial services and e-commerce. A strong emphasis on high-margin businesses is expected to drive further profitability.
Q2 FY26 Financial Highlights
Vakrangee Limited reported significant financial growth for Q2 FY26:
- Profit After Tax (PAT): Increased 412.5% year-over-year.
- Q2 FY26 PAT: Reached ₹302.9 Lakhs.
- Revenue: Grew by 6.8% year-over-year.
- Q2 FY26 Revenue: Stood at ₹7,057.9 Lakhs.
The company’s EBITDA also grew significantly, with margins expanding from 9.2% to 12.4%.
H1 FY26 Performance
The strong performance in Q2 contributed to a robust first half of FY26:
- H1 FY26 Revenue: ₹14,092.6 Lakhs (up 12.1% year-over-year).
- H1 FY26 Profit After Tax: ₹634.8 Lakhs (up 124.7% year-over-year).
Notably, the PAT for H1 FY26 has already surpassed the full-year PAT for FY25, demonstrating substantial growth.
Business Segment Performance
Key contributing segments to revenue from operations include:
- BFSI: 45% of revenue.
- ATM: 27.6% of revenue.
- E-Commerce & Other Services: 8.9% of revenue.
The company’s Gross Transaction Value (GTV) crossed ₹12,928.7 Crores in Q2 FY26 and ₹26,857.0 Crores in H1 FY26.
Strategic Initiatives & Outlook
Vakrangee is strategically focused on:
- Expanding the Vakrangee Kendra network.
- Increasing the deployment of ATMs.
- Growing financial service offerings.
- Phasing out low-margin business to improve profitability.
The company is debt-free and maintains a robust balance sheet, enabling it to confidently pursue its expansion plans.
Source: BSE