Vikas Ecotech Reports Q3FY26 Results with Standalone Net Loss of ₹124.04 Lakhs
Vikas Ecotech Limited reported Q3FY26 results showing a standalone net loss of ₹124.04 lakhs versus ₹19.06 lakhs loss in Q3FY25, with revenue declining to ₹5,006.00 lakhs from ₹6,097.30 lakhs. Consolidated operations posted a net loss of ₹54.31 lakhs compared to ₹55.42 lakhs in the previous year. For nine months FY26, standalone net profit was ₹122.46 lakhs against ₹1,230.55 lakhs in the corresponding period last year.

*this image is generated using AI for illustrative purposes only.
Vikas Ecotech Limited announced its unaudited financial results for the quarter ended December 31, 2025, showing mixed performance across standalone and consolidated operations. The Board of Directors approved these results at a meeting held on February 5, 2026, at the company's registered office.
Standalone Financial Performance
The company's standalone operations reflected challenging market conditions during Q3FY26. Revenue from operations decreased to ₹5,006.00 lakhs compared to ₹6,097.30 lakhs in Q3FY25, representing a significant year-on-year decline.
| Metric: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations: | ₹5,006.00 lakhs | ₹6,097.30 lakhs | Decline |
| Other Income: | ₹232.89 lakhs | ₹138.95 lakhs | +67.60% |
| Total Income: | ₹5,238.89 lakhs | ₹6,236.25 lakhs | -16.00% |
| Net Loss: | ₹124.04 lakhs | ₹19.06 lakhs | Higher loss |
The company's total expenses amounted to ₹5,187.25 lakhs in Q3FY26 compared to ₹6,150.82 lakhs in the previous year quarter. Despite the reduction in absolute expense levels, the company recorded a net loss of ₹124.04 lakhs against a loss of ₹19.06 lakhs in Q3FY25.
Nine Months Performance Analysis
For the nine months ended December 31, 2025, standalone operations showed more positive trends. The company achieved a net profit of ₹122.46 lakhs compared to ₹1,230.55 lakhs in the corresponding period of the previous year.
| Parameter: | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Revenue from Operations: | ₹17,958.96 lakhs | ₹20,827.72 lakhs | -13.77% |
| Total Income: | ₹18,463.98 lakhs | ₹21,126.90 lakhs | -12.61% |
| Net Profit: | ₹122.46 lakhs | ₹1,230.55 lakhs | -90.05% |
Consolidated Results Overview
On a consolidated basis, which includes subsidiary Vikas Organics Private Limited, the company reported revenue from operations of ₹6,872.03 lakhs in Q3FY26 versus ₹8,476.25 lakhs in Q3FY25. The consolidated net loss stood at ₹54.31 lakhs compared to ₹55.42 lakhs in the previous year quarter.
Segment-wise Performance
The company operates through two primary business segments: Infra & Energy, and Chemical, Polymers & Special Additives. During Q3FY26, the Chemical, Polymers & Special Additives segment generated revenue of ₹3,460.82 lakhs, while the Infra & Energy segment contributed ₹1,545.18 lakhs.
| Business Segment: | Q3FY26 Revenue | Q3FY25 Revenue |
|---|---|---|
| Chemical, Polymers & Special Additives: | ₹3,460.82 lakhs | ₹3,222.55 lakhs |
| Infra & Energy: | ₹1,545.18 lakhs | ₹2,874.76 lakhs |
Corporate Developments
During the quarter ended December 31, 2025, the company's wholly-owned subsidiary Vikas Organics Private Limited issued equity shares through preferential allotment to raise funds for business requirements. This resulted in the company's shareholding being diluted from 100% to 53.19%, though it continues to exercise control over the subsidiary.
Earnings Per Share
The company reported basic and diluted earnings per share of ₹-0.01 for Q3FY26 on a standalone basis, compared to ₹-0.00 in Q3FY25. The paid-up equity share capital remained at ₹13,883.56 lakhs as of December 31, 2025.
Historical Stock Returns for Vikas Ecotech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.42% | +6.62% | -9.04% | -27.80% | -44.86% | -3.01% |

































