Stock Report

Vikas EcoTech Ltd Q3 FY23 net profit slips to Rs. 2.73 crore



Posted On : 2023-01-31 10:33:53( TIMEZONE : IST )

Vikas EcoTech Ltd Q3 FY23 net profit slips to Rs. 2.73 crore

Vikas EcoTech Limited has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 112.1407 crores during the period ended December 31, 2022 as compared to Rs. 134.9307 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 2.7354 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 3.5417 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.03 for the period ended December 31, 2022 as compared to Rs. 0.05 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹112.1407 crs ₹134.9307 crs Up Tick / Down Tick-16.89%
Net Profit ₹2.7354 crs ₹3.5417 crs Up Tick / Down Tick-22.77%
EPS ₹0.03 ₹0.05 Up Tick / Down Tick-40.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.112.1407 crores during the period ended December 31, 2022 as compared to Rs.75.6920 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.7354 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.3.4285 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.03 for the period ended December 31, 2022 as compared to Rs.0.04 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹112.1407 crs ₹75.6920 crs Up Tick / Down Tick48.15%
Net Profit ₹2.7354 crs ₹3.4285 crs Up Tick / Down Tick-20.22%
EPS ₹0.03 ₹0.04 Up Tick / Down Tick-25.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.336.2110 crores during the 9 Months period ended December 31, 2022 as compared to Rs.169.3766 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.7.74 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.1674 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.08 for the 9 Months period ended December 31, 2022 as compared to Rs.0.0020 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹336.2110 crs ₹169.3766 crs Up Tick / Down Tick98.50%
Net Profit ₹7.74 crs ₹0.1674 crs Up Tick / Down Tick4,523.66%
EPS ₹0.08 ₹0.0020 Up Tick / Down Tick3,900.00%

Shares of Vikas EcoTech Limited was last trading in BSE at Rs. 3.39 as compared to the previous close of Rs. 3.44. The total number of shares traded during the day was 5052587 in over 614 trades.

The stock hit an intraday high of Rs. 3.51 and intraday low of 3.36. The net turnover during the day was Rs. 17293297.00.

Source : Equity Bulls

Keywords

VikasEcoTech Q3FY23 9MFY2023 ResultUpdate