Vikas Ecotech Limited announce that it have re-paid another INR 50 million to the bankers as part of its pre-defined debt reduction program wherein its targeted to make the business debt free by March 31, 2024. The Company had set a goal to be a debt-free business by March 31, 2024 and in due compliance with the targeted amount in Phase-1 of the Debt Reduction Program which was initiated on August-Sept' 2021 the Company has re-paid INR 1,052 million to the bankers since then; thus reducing the total bank debt from the peak of INR 1,612 million approx. to about INR 550 million currently, making a 66% Reduction from the Peak Level within 24 Months of initiating the process.
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5-day change | 1st Jan Change | ||
3.87 INR | -0.51% |
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0.00% | +5.72% |
May. 22 | Vikas Ecotech Limited Reports Earnings Results for the Full Year Ended March 31, 2024 | CI |
May. 22 | Vikas Ecotech Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024 | CI |
1st Jan change | Capi. | |
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+5.72% | 82.43M | |
+22.45% | 69.36B | |
-5.88% | 46.25B | |
+24.08% | 44.28B | |
+39.18% | 28.85B | |
+14.46% | 20.17B | |
+14.61% | 17.19B | |
-25.63% | 14.95B | |
-13.76% | 14.63B | |
-31.09% | 11.85B |
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