Vakrangee
8.85
-0.03(-0.34%)
Market Cap₹958.62 Cr
PE Ratio127.57
Company Performance:
1D-0.34%
1M-11.59%
6M-52.19%
1Y-55.66%
5Y-67.40%
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Latest news about Vakrangee
Vakrangee's Subsidiary Vortex Engineering Secures Rs 12.81 Crore ATM Contract with UCO Bank 4 days ago
Vortex Engineering, a subsidiary of Vakrangee Limited, has signed a service level agreement with UCO Bank worth Rs 12.81 crore. The contract involves supplying, installing, and maintaining 300 new ATM machines over seven years. Vortex Engineering has a track record of deploying over 14,000 ATMs and possesses innovative technologies like the 'PERFO' remote ATM monitoring platform. This agreement aligns with India's Make-in-India vision and contributes to strengthening the country's digital financial ecosystem.
Vakrangee Reports 18% Revenue Growth and 48.5% Profit Surge in Q1 Jul 25, 2025
Vakrangee Expands Insurance Reach: Partners with Shriram General Insurance for Nationwide Distribution Jul 22, 2025
Vakrangee Expands Insurance Offerings through Partnership with Ageas Federal Life Jun 23, 2025
Vakrangee Expands Insurance Offerings through Partnership with Universal Sompo May 30, 2025
More news about Vakrangee
29May 25
Vakrangee's Subsidiary Secures Rs. 39.38 Crore ATM Contract from Punjab & Sind Bank
Vakrangee Limited's subsidiary, Vortex Engineering, has received a Letter of Intent from Punjab & Sind Bank for a significant ATM contract. The deal involves supplying, commissioning, and maintaining 600 ATMs and UPS, including a 5-year Annual Maintenance Contract. The contract is valued at Rs. 39.38 crore, highlighting Vortex Engineering's capabilities in the banking technology sector and potentially boosting Vakrangee's position in the market.
26Apr 25
Vakrangee Reports Mixed Results: Strong Revenue Growth but Q4 EBITDA Decline
Vakrangee Limited announced its financial results for FY2024-25, showing a 20.5% increase in consolidated total income to ₹25,902.62 crore. Profit before tax jumped 63.7% to ₹959.89 crore. Q4 saw an 18.5% rise in total income to ₹6,473.06 crore, but EBITDA declined to ₹68.00 crore from ₹76.00 crore year-over-year. The company expanded its Kendra network to 22,986 outlets across India and completed the acquisition of Vortex Engineering Private Limited, strengthening its ATM segment. Despite strong overall growth, Q4 EBITDA margin fell to 10.81% from 14.12% last year, indicating some operational challenges.
25Mar 25
Vakrangee Set to Boost ATM Network with 3,000 New Machines by FY 2025-26
Vakrangee Limited plans to expand its ATM network by adding 3,000 new machines in fiscal year 2025-26. This strategic move aims to enhance financial inclusion, particularly in underserved areas, aligning with the company's mission to bridge the urban-rural divide. The expansion is expected to increase revenue streams, boost brand visibility, and strengthen Vakrangee's position in the financial services sector.
25Feb 25
Vakrangee Expands Health Insurance Reach with Aditya Birla Health Insurance Partnership
Vakrangee Limited has formed a strategic partnership with Aditya Birla Health Insurance Company Limited to offer health insurance products through its Vakrangee Kendra outlets. This collaboration aims to improve access to comprehensive health insurance solutions in underserved and remote areas of India. Vakrangee's extensive network, with over 81% of outlets in Tier-4 to 6 locations, will offer ABHICL's diverse portfolio of health insurance products, including wellness and preventive care plans. The partnership is expected to bridge the urban-rural service gap in health insurance and promote financial inclusion in remote areas.
Vakrangee
8.85
-0.03
(-0.34%)
1 Year Returns:-55.66%
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