Vakrangee Ltd (BOM:511431)
₹ 33.17 2.99 (9.91%) Market Cap: 35.93 Bil Enterprise Value: 35.44 Bil PE Ratio: 503.00 PB Ratio: 16.52 GF Score: 74/100
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Q1 2020 Vakrangee Ltd Earnings Call Transcript

Aug 13, 2019 / 11:30AM GMT
Release Date Price: ₹33.27 (+0.42%)
Operator

Ladies and gentlemen, good day, and welcome to the Vakrangee Limited Q1 FY '20 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Dinesh Nandwana, Executive Chairman. Thank you, and over to you, sir.

Dinesh Nandwana
Vakrangee Limited - Executive Chairman

Thank you. Good day. Dear ladies and gentlemen, it's a pleasure to greet you all once again on behalf of our Board of Directors and senior management. We begin by thanking all of you for having the spare time in joining us here today to discuss our first quarter earnings for the financial year 2019/20. It gives me immense pleasure to share with you all that we have achieved our first milestone target of 5,000 Nextgen outlets incremental to our pilot phase of 3,504 outlets. We achieved 5,024 Nextgen outlets, which takes our total count of number of Nextgen outlets to 8,528.

We have increased our presence by entering into new states such as Jammu and Kashmir, Andhra Pradesh, Telangana, and Tamil Nadu. We will

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