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Vakrangee reports 15% rise in Q3 consolidated net profit

08 Feb 2016 Evaluate

Vakrangee has reported results for third quarter ended December 31, 2015. 

The company has reported 13.44% rise in its net profit at Rs 101.08 crore for the quarter ended December 31, 2015 as compared to Rs 89.11 crore for the same quarter in the previous year. The company’s total income has increased by 15.49% to Rs 813.60 crore for the quarter under review from Rs 704.47 crore for the corresponding quarter of the previous year.  

On the consolidated basis, the company has reported 15.11% rise in its net profit after taxes, minority interest and share of profit of associates of Rs 102.84 crore for the quarter ended December 31, 2015 as compared to Rs 89.34 crore for the same quarter in the previous year. Total income of the company has increased by 16.43% at Rs 820.38 crore for quarter under review as compared to Rs 704.61 crore for the quarter ended December 31, 2014.     

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