Vakrangee Limited, a key player in India's last-mile distribution and financial inclusion landscape, has delivered an impressive performance in the second quarter of the fiscal year 2025-26. The company reported a remarkable five-fold increase in its Profit After Tax (PAT), surging by an impressive 412.5% to ₹302.9 lakhs (₹3.02 crore). This significant jump underscores Vakrangee's robust operational efficiency and its successful execution of cost management strategies, reflecting a positive trajectory for its financial health.
Beyond the headline PAT growth, Vakrangee's total income for Q2 FY2025-26 also saw a healthy 6.8% year-on-year increase, reaching ₹7,057.9 lakhs. The company's strategic pivot towards high-margin businesses and the systematic phasing out of lower-margin operations have been pivotal to this enhanced profitability. This strategic focus is further bolstered by the strong performance of its subsidiary, Vortex Engineering, which recorded a 56.6% increase in revenue and a phenomenal 12.5-fold rise in EBITDA, shipping 562 ATMs during the quarter.
Looking ahead, Vakrangee is concentrating on expanding its non-cash-based banking offerings, which include critical services like account opening, loan products, insurance services, fixed deposits, and mutual funds, alongside NPA recovery. These initiatives are designed to drive deeper financial inclusion across India's rural, semi-urban, and urban markets, providing value-added services to a broader customer base. With a strong, debt-free balance sheet, Vakrangee is well-positioned to support its expansion plans and aims for sustained long-term growth with continued quarter-on-quarter profitability.
