VIKASECONSEVikas EcoTech LimitedLowNeutral
Announced Wed, 13 Aug · 14:29 IST

Vikas EcoTech Limited has informed the Exchange regarding Board meeting held on August 13, 2025.

Board & Shareholder Meetings View source PDF

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AI summary

Vikas EcoTech's board met on August 13, 2025 and approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2025. On a standalone basis, revenue from operations rose modestly to ₹8,360.58 lakhs (vs ₹7,996.50 lakhs in Q1 FY25), while profit before exceptional items and tax jumped sharply to ₹233.98 lakhs from ₹76.64 lakhs. However, net profit stood at ₹169.70 lakhs (vs ₹1,007.16 lakhs), as the prior-year quarter included a one-time exceptional gain of ₹1,286.70 lakhs. On a consolidated basis, revenue was ₹10,355.56 lakhs and net profit was ₹237.00 lakhs. The Infra & Energy segment led growth, while the Real Estate segment remained inactive. EPS stood at ₹0.02. The auditor issued an unmodified limited review report.

Likely market impact

Core operating performance improved meaningfully on a like-for-like basis (PBT ex-exceptional items more than tripled), but headline net profit fell sharply versus Q1 FY25 only because that quarter carried a large one-time exceptional gain. The reduction in share capital from the reversal of the SSPL share-swap deal continues to await NSE/BSE/NCLT approvals, which remains a pending overhang for shareholders.