Elcid Investmen Standalone December 2023 Net Sales at Rs 38.66 crore, up 92.94% Y-o-Y

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.