Vakrangee Q4 Results: Net Profit Rise of almost 15%
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Vakrangee Q4 Results are out now. Vakrangee Reported Net Profits of almost 2.52 Crores, which is almost 15% higher than last year’s quarter. Total Income stood at Rs. 6,4.73 crores in Q4 FY2024- 25, increased by 18.5% on a YoY basis.
Vortex Engineering, a subsidiary company, recorded a 26.3% YoY revenue growth and a 36.6% increase in ATM shipments in FY2024- 25. RBI has increased the interbank fee to Rs. 19 per transaction, effective May 1, 2025, which improves ATM deployment economics, with an expected EBITDA boost of ~INR 5–10 Cr in FY2025–26.
Vakrangee also planned to launch Mini ATM – an ultra-low-cost ATM. Planned deployment of 3,000 new ATM in FY2025- 26. Vakrangee Focused expansion on financial services such as Loans, Insurance, Mutual Funds & Equities —targeting Tier 3–6 cities where Vakrangee has a strong presence.
Vakrangee also launched a Private & White Label apparel range — trendy, comfortable, and affordable. Vakrangee recently onboarded multiple insurance partners to enhance product offerings and distribution capabilities. Launched affordable, small-ticket insurance products specifically tailored for rural and semi-urban customers.
