Vikas Ecotech's Q1 FY 2025-26 Quarterly Results

Result Summary

• Vikas Ecotech Ltd reported a 40.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 8.9%.
• Its expenses for the quarter were up by 42.7% QoQ and 0.4% YoY.
• The net profit increased 3.0% QoQ and decreased 77.2% YoY.
• The earnings per share (EPS) of Vikas Ecotech Ltd - at - during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Vikas Ecotech Ltd operates in the specialty chemicals and polymers industry, focusing primarily on eco-friendly solutions. The company's product offerings typically include a range of polymer compounds and additives that are used in various industrial applications, including agriculture, automotive, and electronics. Although the specific recent developments of the company are not detailed in the provided data, it is known that companies in this sector often aim to innovate around sustainability and environmental compliance. Vikas Ecotech Ltd may therefore be involved in similar trends, leveraging its expertise in developing non-toxic alternatives to traditional chemical products.

Revenue

For Q1FY26, Vikas Ecotech Ltd reported a total income of ₹104.60 crores. This represents a significant quarter-over-quarter (QoQ) increase of 40.7% compared to Q4FY25, where total income was ₹74.32 crores. However, on a year-over-year (YoY) basis, there was a decrease of 8.9% compared to Q1FY25, when the total income was ₹114.84 crores. The substantial QoQ growth suggests a recovery or expansion phase, although the YoY decline indicates that the company has yet to reach the revenue levels of the previous year.

Profitability

Profitability metrics for Vikas Ecotech Ltd in Q1FY26 show mixed performance. The company recorded a profit before tax of ₹3.32 crores, which is slightly lower by 0.6% QoQ from ₹3.34 crores in Q4FY25. Year-over-year, this figure shows a significant decline of 76.2% from ₹13.94 crores in Q1FY25. The tax expenses for Q1FY26 amounted to ₹0.95 crores, a decrease of 9.5% from the previous quarter and a 73.3% decrease YoY. Profit after tax for Q1FY26 was ₹2.37 crores, which is a 3.0% increase QoQ but a 77.2% decrease from the same quarter last year. Earnings per share have been recorded at ₹0.00 for both Q1FY26 and Q4FY25, highlighting a 100% decrease from Q1FY25.

Operating Metrics

Operating metrics indicate that total expenses for Q1FY26 were ₹101.28 crores, marking a 42.7% increase QoQ from ₹70.99 crores in the preceding quarter. Compared to Q1FY25, total expenses have marginally increased by 0.4% from ₹100.90 crores. This suggests that while there has been an increase in operating costs from the last quarter, expenses are largely in line with the previous year's levels. The increase in expenses alongside the income growth QoQ could reflect increased operational activities or scaling efforts within the company. The significant decline in profitability despite an increase in income and expenses suggests a complex interplay of operational efficiency and market dynamics that are not detailed in the provided data.