Technology Company Vakrangee Limited has reported lackluster results for the
quarter ended Dec 31, 2018. The result was announced on Friday. Standalone
revenue from operation was reported at Rs. 82.46 crore as against Rs. 1,750.46
crore in the year-ago quarter, while Profit after tax was at Rs.
0.99 crore. Total Income figured at Rs. 118.66 crore in third quarter FY18-19
as against Rs. 320.06 crore on year-on- year basis.
to the results, Vakrangee Limited stock underwent volatility during Monday’s trading
session. Stock in Vakrangee opened at
Rs. 41.75 per share and registered a high of Rs42.15 and is trading lower 4.98%
through mid-market trade. Meanwhile, the benchmark indices were down with BSE
Sensex at 35,814 down by 183 points and Nifty at 10,717, down by 62 points.