Penny Shares: cheaper than ₹ 10, quarterly outcomes incredible; The corporate is debt free

Penny Shares: cheaper than ₹ 10, quarterly outcomes incredible; The corporate is debt free
Penny Shares: Small-Cap Firm Vakrangee Restricted can be on the radar of buyers in Monday’s buying and selling session. The corporate launched robust outcomes of the March quarter (Q4FY25) on Saturday (26 April). Earlier than the outcomes, the corporate’s share worth fell by 1.88% to shut at ₹ 9.90 per share on Friday. Within the March quarter, the web revenue of Vakrangi Restricted within the Marks 2025 quarter elevated by 15.98% to ₹ 2.54 crore. It was ₹ 2.19 crore within the March 2024 quarter. The corporate’s gross sales additionally elevated by 17.24% to ₹ 63.18 crore, which was ₹ 53.89 crore a 12 months in the past. In the course of the involved information associated FY 2024-25, the web revenue of Vakrangi jumped 53.10% to ₹ 6.66 crore in the course of the monetary 12 months 2024-25. On the similar time, gross sales elevated by 19.96% to ₹ 255.01 crore. The Income of Parvakrangi Restricted of Salana Transactions 12.6 crore elevated by registering a rise of 18.5% yearly within the March quarter. On the similar time, the Revenue Earlier than Tax noticed a robust progress of 68.9%. Nonetheless, because of inter-company transactions, a income of about ₹ 5.7 crore was adjusted throughout consolidation. The corporate reported that his annual Gross Transaction Worth (GTV) was greater than ₹ 54,258.5 crore in FY 2025. On the similar time, the variety of annual transactions has crossed 12.6 crores. The company and monetary place strongworks Restricted stated within the trade submitting, ‘Our firm and our subsidiaries are debt-free and preserve robust steadiness sheets. This robust monetary foundation makes us able to pursuing our enlargement plans with confidence and sustaining long run progress. It focuses on making a retail community to supply banking, monetary companies, insurance coverage and different amenities to the top of rural, semi-urban and concrete areas of the nation. The corporate goals to deliver low service and service-deprived inhabitants underneath digital and monetary inclusion up to now. The inventory of Halvakrangi Restricted of Vakrangi Restricted fell 1.88% to shut at ₹ 9.90 on Friday (April 25). Within the final 6 months, this inventory has fallen 62.56% and 63.93% in 1 12 months. This 12 months i.e. in 2025, Vakrangi’s shares have fallen by 71.05%. Its 52 week excessive is ₹ 38.20 and low-level ₹ 9.35. The corporate’s market cap is ₹ 1.07 crore. Disclaimer: Right here data offered is given on the premise of share efficiency. It’s essential to state that the funding available in the market is topic to market dangers. All the time seek the advice of consultants earlier than investing cash as an investor. There may be by no means recommendation to anybody to speculate cash on behalf of Moneycontrol.

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