Vikas Lifecare Limited Infra Products Division Bags Fresh Orders Worth 160 Million

Vikas Lifecare Limited announced that its Infra Project Division has bagged fresh orders worth `160 million for Q4 2022-23. The Infra Division has achieved `630 million in sales during the current fiscal till December 31, 2023, exceeding the targeted sales volumes by 5 percent and is heading to exceed the Annual Sales Target of `800 million by at least 10 percent.

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Vikas Lifecare Limited is poised to expand the infra-products division and is moving forward with plans for creating forward integration for the infrastructure-related products and materials. The company has been actively working on various proposals which are at different stages of negotiation and finalization, wherein the company will actively participate in Infrastructure Development Projects via collaborations and financial investments thus creating a forward integration for the Infra Products Division.

These projects will elevate the scope of business and will add to the performance of the Infra Products Division with higher sales volumes and better profit margins for Vikas Lifecare Limited. VLL is also a Del-Credere agent of ONGC and Petro Additions Limited, a public sector undertaking producing a wide variety of base polymers and commodity plastic raw materials. VLL also has a division engaged in Agro Products Business, empanelled with the Government Agro entities NAFED and HOFED.