Vikas EcoTech Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
VIKASECO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vikas EcoTech has reported weak Q2 and H1 FY26 results, with sharp declines in both revenue and profit. Standalone revenue from operations fell to ₹4,592.38 lakhs in Q2 FY26 from ₹6,733.92 lakhs a year ago (down ~32%), while standalone net profit slumped to ₹76.79 lakhs from ₹242.46 lakhs (down ~68%). On a consolidated basis, Q2 revenue dropped to ₹6,471.74 lakhs (down ~27% YoY) and net profit fell to ₹175.42 lakhs (down ~38% YoY). For H1 FY26, consolidated revenue declined ~12% to ₹16,827.30 lakhs and net profit fell ~69% to ₹412.42 lakhs. Operating cash flow was negative at ₹820.18 lakhs and cash on hand is razor thin at just ₹11.44 lakhs. The company also disclosed a prior-period reversal of its share-swap acquisition of Shamli Steels, with share capital already reduced pending BSE/NSE/NCLT approvals. Auditor KSMC & Associates issued an unmodified limited review report.
Sharp revenue and profit declines, negative operating cash flow, and very low cash balance signal stress on the business. Shareholders should expect near-term pressure on the stock; the pending regulatory approvals for the share capital reduction add some uncertainty.