Vikas Ecotech standalone net profit rises 15.08% in the March 2024 quarter

Sales decline 12.63% to Rs 59.70 crore

Net profit of Vikas Ecotech rose 15.08% to Rs 2.06 crore in the quarter ended March 2024 as against Rs 1.79 crore during the previous quarter ended March 2023. Sales declined 12.63% to Rs 59.70 crore in the quarter ended March 2024 as against Rs 68.33 crore during the previous quarter ended March 2023.

For the full year,net profit declined 30.64% to Rs 6.61 crore in the year ended March 2024 as against Rs 9.53 crore during the previous year ended March 2023. Sales declined 38.76% to Rs 246.60 crore in the year ended March 2024 as against Rs 402.67 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales59.7068.33 -13 246.60402.67 -39 OPM %5.067.35 -6.625.37 - PBDT4.073.71 10 12.8514.45 -11 PBT3.022.37 27 9.1010.49 -13 NP2.061.79 15 6.619.53 -31

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