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Economy

The story of Vakrangee’s secret golden goose

Updated : October 23, 2018 06:37 AM IST

At first glance, Vakrangee seems to have found its sweet spot in running kendras that perform a multitude of business tasks.
Revenues from kendras rose to Rs 5,856 crore in FY2018 from Rs 2,527 crore the year before and it opened 10,000 new kendras during the year.
If one were to assume that all the new 10,000 kendras operated for 365 days of the year and generated revenues of Rs 2 lakh each per month, the net revenue addition would be just about Rs 2,400 crore.
The story of Vakrangee’s secret golden goose
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