Elcid Investment Unlisted Shares
Elcid Investmen Standalone December 2023 Net Sales at Rs 38.66 crore, up 92.94% Y-o-Y
Money Control
2 min read
Elcid Investments Reports Stellar Q3 Performance with Soaring Net Sales and Profits, Positions as a Lucrative Investment Opportunity
Expert Analysis:
Net Sales Surge:
Rs 38.66 crore in Dec 2023, up 92.94% from Dec 2022 (Rs 20.04 crore).
Impressive Profit Growth:
Quarterly Net Profit reached Rs 29.78 crore in Dec 2023, up 103.77% from Dec 2022 (Rs 14.62 crore).
Significant EBITDA Rise:
EBITDA witnessed a substantial increase to Rs 38.33 crore in Dec 2023, up 106.19% from Dec 2022 (Rs 18.59 crore).
Doubled EPS Strength:
EPS shows remarkable growth, reaching Rs 1,489.23 in Dec 2023 from Rs 730.85 in Dec 2022.
Financial Performance Strength:
Strong financial performance indicated by notable increases in Net Sales, Net Profit, and EBITDA.
Robust EPS Growth:
The doubled EPS showcases robust financial strength and performance.
Investment Appeal:
Elcid Investments emerges as an appealing opportunity for potential returns in the market.
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