Net Loss of Vikas Lifecare reported to Rs 1.80 crore in the quarter ended March 2024 as against net loss of Rs 26.88 crore during the previous quarter ended March 2023. Sales rose 11.38% to Rs 131.54 crore in the quarter ended March 2024 as against Rs 118.10 crore during the previous quarter ended March 2023.For the full year,net profit reported to Rs 14.03 crore in the year ended March 2024 as against net loss of Rs 15.30 crore during the previous year ended March 2023. Sales declined 6.36% to Rs 445.75 crore in the year ended March 2024 as against Rs 476.05 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales131.54118.10 11 445.75476.05 -6 OPM %2.741.09 -0.862.47 - PBDT7.06-31.70 LP 27.12-18.36 LP PBT5.76-32.36 LP 23.47-21.37 LP NP-1.80-26.88 93 14.03-15.30 LP Powered by Capital Market - Live News

Vikas Lifecare will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News

Net loss of Vikas Lifecare reported to Rs 3.51 crore in the quarter ended December 2023 as against net profit of Rs 5.89 crore during the previous quarter ended December 2022. Sales declined 25.88% to Rs 99.28 crore in the quarter ended December 2023 as against Rs 133.94 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales99.28133.94 -26 OPM %-4.833.42 - PBDT-2.264.69 PL PBT-3.013.48 PL NP-3.515.89 PL Powered by Capital Market - Live News

Vikas Lifecare will hold a meeting of the Board of Directors of the Company on 13 February 2024.Powered by Capital Market - Live News

 Vikas Lifecare announced an update from IGL Genesis Technologies (IGTL), the joint venture company formed between Genesis Gas Solutions (GGSPL) (subsidiary of the company) & Indraprastha Gas (IGL). While IGTL initiated the process of establishing the production facility to manufacture Smart Gas Meters in India with Technical Knowhow from Hangzhou Beta Meter Co., (Holley Group), the largest producer of Gas Meters across the globe. Whereas, IGTL has acquired the Technology for manufacturing of Smart Gas Meters for about USD 2.4 Million (Rs 19.92 crore approx.), of which IGTL has remitted 50% about USD 1.2 Million (Rs 9.96 crore approx.) this week. The funds for the payment have been sourced from the capital infusion of about Rs 37 crore, contributed at IGTL by IGL & GGSPL (Infused by VLL) in the ratio 51:49 respectively. Powered by Capital Market - Live News