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Vikas Lifecare reports over 4-fold jump in Q1 consolidated net profit

14 Aug 2023 Evaluate

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.

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