Vakrangee reports 40% fall in Q1 consolidated net profit
13th Aug 2019

Vakrangee has reported results for first quarter ended June 30, 2019.   

The company has reported fall of 50.17% in its net profit at Rs 6.43 crore for the quarter under review as compared to Rs 12.90 crore for the same quarter in the previous year. Total income of the company decreased by 87.09% at Rs 130.75 crore for Q1FY20 as compared Rs 1013.18 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 40.46% in its net profit at Rs 7.81 crore for the quarter under review as compared to Rs 13.13 crore for the same quarter in the previous year. Total income of the company decreased by 85.67% at Rs 147.30 crore for Q1FY20 as compared Rs 1027.60 crore for the corresponding quarter previous year.