Financial technology solutions provider Vakrangee Ltd today reported a 31.35 per cent rise in consolidated net profit at Rs 126.35 crore for the second quarter ended September 30.
The company had reported a profit of Rs 96.19 crore in the corresponding quarter last year.
Total income from operations stood at Rs 959.07 crore in the second quarter of current fiscal as against Rs 787.61 crore in the corresponding quarter last fiscal, registering a growth of 21.76 per cent, the company said in a BSE filing.
Vakrangee is a technology driven company focused on building India's largest network of last-mile retail touch points to deliver real-time banking, insurance, e-governance, e-commerce and ATM services to the unserved rural, semi-urban and urban markets.
Shares of Vakrangee Ltd were trading at Rs 257.90 apiece, up 3.60 per cent, from their previous close on BSE.
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