Vivanta Industries Limited Share Price
Vivanta Industries Ltd experienced significant declines in the Q4 2023-2024 period, with revenue dropping 76.27% year-over-year to ₹4.20 crore and net profit falling 48% to ₹0.37 crore. Quarterly figures also showed a dramatic decrease, with revenue and net profit margins falling by 58.33% and 417.14%, respectively. Despite these financial challenges, the company secured a ₹35 crore order to manufacture an Active Pharmaceuticals Ingredient (API) purification and sterilization plant, which includes the development of a quality control system and R&D facility for API and intermediaries. The plant is set to be established within 18 months from the order receipt. Read more... In addition, Vivanta Industries announced the hiring of experienced technocrats and scientists for this project. On the stock market, the company's shares saw a 5% increase, continuing a strong performance with a 170.91% return over the past six months. Vivanta Industries, known for providing comprehensive engineering services, has a market cap of ₹68 crore and reported a substantial 3,238% increase in net sales in Q4FY23 compared to Q4FY22. Read less