Vikram Thermo India Q1 Results Reported Net Loss of ₹1,557.03 Lakhs and Total Income of ₹3,208.22 Lakhs

Vikram Thermo India Q1 Results 2024 - 2025: Vikram Thermo India announced its Q1 financial results on August 14, 2024, showing a significant decline in profitability.

The company reported a net loss of ₹1,583.31 lakhs for the quarter ending June 30, 2024, compared to a profit of ₹493.42 lakhs in the same period last year, marking a drastic year-over-year (YoY) decrease of approximately 420%. This decline was primarily driven by exceptional items impacting the company’s financial performance.

In terms of quarter-over-quarter (QoQ) performance, Vikram Thermo’s total income rose to ₹3,208.22 lakhs, up from ₹2,773.04 lakhs in Q4 2023, reflecting a 15.7% increase. However, their expenses also grew QoQ, which significantly impacted their bottom line.

The cost of material consumed saw a rise of 8.0% QoQ, and employee benefit expenses increased by 16.6% QoQ. Despite a revenue growth QoQ, these higher costs and exceptional items led to a sharp decline in their earnings, highlighting challenges faced in the current financial period.

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Vikram Thermo India Q1 Results 2024 - 2025

Here is a summary of Vikram Thermo India's Q1 results for the financial year 2024 - 2025. The table below provides an overview of the key financial metrics for the quarter ended June 30, 2024, compared to the previous quarter and the same period last year.

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Vikram Thermo India Current Market Overview

Vikram Thermo India is currently trading at ₹177 per share, showing a modest increase of 2.34%. The company has a market value of ₹555 crore. Over the past year, the stock has ranged from a high of ₹216 to a low of ₹90.8. It has a price-to-earnings ratio of 21.4, reflecting how the market values its earnings.

The book value per share is ₹36.2, and the dividend yield is 0.43%. With strong financial performance, indicated by a return on capital employed (ROCE) of 30.7% and a return on equity (ROE) of 24.9%, the company is performing well in the market.

Quarterly Results

Here is a summary of Vikram Thermo India's quarterly results for the specified periods:

About Vikram Thermo India 

Vikram Thermo India is a leading pharmaceutical polymer producer based in Ahmedabad, India. Established over 38 years ago by Mr. Dhiraj Patel, the company specializes in creating high-quality polymers essential for pharmaceutical formulations.

Known for its commitment to precision and innovation, Vikram Thermo focuses on providing safe, cost-effective, and sustainable solutions to the pharmaceutical industry.

Their dedication to quality and continuous research helps them maintain a strong reputation and support their mission of preserving human lives through effective medical products.

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