Vakrangee reports 91% growth in Q2 consolidated net profit

15 Nov 2014 Evaluate

Vakrangee has reported results for second quarter ended September 30, 2014.

The company has posted a rise of 82.31% in its net at Rs 79.78 crore for the quarter ended September 30, 2014 as compared to Rs 43.76 crore for the same quarter in the previous year. Total income has increased by 62.52% at Rs 701.10 crore for quarter under review as compared to Rs 431.38 crore for the quarter ended September 30, 2013.

On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 91.33% growth at Rs 80.07 crore against Rs 41.85 crore in the September quarter of previous fiscal. The company’s total income has increased by 65.40% at Rs 700.65 crore for the quarter from Rs 423.62 crore in the similar quarter of previous year.

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