The company announced the results on Saturday, 7 July 2012.

Meanwhile, the BSE Sensex was down 147.25 points or 0.84% to 17,373.87.

On BSE, 1.35 lakh shares were traded in the counter as against average daily volume of 4.11 lakh shares over the past one quarter.

The stock hit a high of Rs 40.50 and a low of Rs 39.20 so far during the day. The stock had hit a record high of Rs 41.70 on 3 July 2012. The stock had hit a 52-week low of Rs 15.75 on 19 December 2011.

The stock had outperformed the market over the past one month till 6 July 2012, surging 20.67% compared with the Sensex's 6.48% rise. The stock had also outperformed the market in past one quarter, jumping 26.65% as against Sensex's 0.2% rise.

The company has an equity capital of Rs 50.03 crore. Face value per share is Re 1.

Vakrangee Softwares said its earnings before interest, taxation, depreciation and amortizations (EBITDA) jumped 105% to Rs 84.42 crore in Q1 June 2012 over Q1 June 2011. EBITDA margin jumped to 24.9% in Q1 June 2012 from 16.6% in Q1 June 2011. The company's PAT (profit after tax) margin edged higher to 6% in Q1 June 2012 from 5.7% in Q1 June 2011.

Vakrangee Softwares is one of the leading e-Governance service providers in India.