Vikas Lifecare zooms on reporting over 4-fold jump in Q1 consolidated net profit
Vikas Lifecare is currently trading at Rs. 3.43, up by 0.32 points or 10.29% from its previous closing of Rs. 3.11 on the BSE.
The scrip opened at Rs. 3.32 and has touched a high and low of Rs. 3.63 and Rs. 3.31 respectively. So far 10960733 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 5.54 on 23-Aug-2022 and a 52 week low of Rs. 2.66 on 24-May-2023.
Last one week high and low of the scrip stood at Rs. 3.63 and Rs. 3.06 respectively. The current market cap of the company is Rs. 490.46 crore.
The promoters holding in the company stood at 11.40%, while Institutions and Non-Institutions held 0.02% and 88.58% respectively.
Vikas Lifecare has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported over 5-fold jump in its net profit at Rs 13.31 crore for the quarter under review as compared to Rs 2.34 crore for the same quarter in the previous year. Total income of the company increased by 19.62% at Rs 106.31 crore for Q1FY24 as compared Rs 88.87 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 4-fold jump in its net profit at Rs 11.70 crore for the first quarter ended June 30, 2023 as compared to Rs 2.66 crore for the same quarter in the previous year. Total income of the company increased by 17.19% at Rs 110.51 crore for Q1FY24 as compared Rs 94.30 crore for the corresponding quarter previous year.
