Q4 Results: Vikas Ecotech Net Profit Rises 15.08 Percent | Check Details Here

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.
Meanwhile, a slight decline was being recorded in the shares of Vikas Ecotech Limited, a small cap company with a market cap of Rs 534 crore and they were functioning at the level of Rs 3.90. The 52 week high level of Vikas Ecotech Limited shares is Rs 5.65 while the 52 week low level is Rs 2.80.
Shares of Vikas Ecotech Limited have been weak for the last few days but they have given multibagger returns to the investors in short and long term. Shares of Vikas Ecotech Limited have given a return of 31 percent to investors in the last 1 year. Vikas Ecotech Limited has informed the stock market that its Board of Directors has approved the results for the March quarter on Wednesday, May 22.