Latest news with #V-GuardIndustries
Time of India
15 hours ago
- Business
- Time of India
V-Guard Q1 Results: Net profit falls 25% to Rs 73 crore
Electrical goods manufacturer V-Guard Industries Ltd on Tuesday reported a decline of 25.4 per cent in its consolidated net profit to Rs 73.85 crore for the June quarter of FY26. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Electrical goods manufacturer V-Guard Industries Ltd on Tuesday reported a decline of 25.4 per cent in its consolidated net profit to Rs 73.85 crore for the June quarter of had posted a net profit of Rs 98.97 crore in the April-June period last fiscal, according to a regulatory filing from V-Guard Industries V-Guard's revenue from operations was Rs 1,466.08 crore, marginally down in the June quarter. It was Rs 1,477.10 crore in the corresponding period a year expenses of V-Guard in the June quarter grew 1.6 per cent to Rs 1,373.07 company's total income, which includes other incomes, declined marginally to Rs 1,471.33 crore in the June Managing Director Mithun K Chittilappilly said: "Topline growth for the first quarter of FY26 was subdued due to a weak summer season and last year's high base."Electronics and electricals segments registered moderate growth while the durables segment declined due to lower demand for summer categories," he the outlook, Chittilappilly said he expects the demand to normalise in the coming quarters and continue to invest in brand building and capacity enhancement."We have also initiated actions to merge Sunflame operations with V-Guard, which will fast-track realisation of synergy benefits," he said.V-Guard had acquired the kitchen appliance company Sunflame Enterprises for a deal pegged at Rs 660 crore in FY23. Shares of V-Guard Industries Ltd settled at Rs 380.80 apiece on the BSE, down 1.58 per cent from the previous close.
Economic Times
15 hours ago
- Business
- Economic Times
V-Guard Q1 Results: Net profit falls 25% to Rs 73 crore
Electrical goods manufacturer V-Guard Industries Ltd on Tuesday reported a decline of 25.4 per cent in its consolidated net profit to Rs 73.85 crore for the June quarter of FY26. ADVERTISEMENT It had posted a net profit of Rs 98.97 crore in the April-June period last fiscal, according to a regulatory filing from V-Guard Industries. V-Guard's revenue from operations was Rs 1,466.08 crore, marginally down in the June quarter. It was Rs 1,477.10 crore in the corresponding period a year ago. Total expenses of V-Guard in the June quarter grew 1.6 per cent to Rs 1,373.07 crore. The company's total income, which includes other incomes, declined marginally to Rs 1,471.33 crore in the June quarter. Its Managing Director Mithun K Chittilappilly said: "Topline growth for the first quarter of FY26 was subdued due to a weak summer season and last year's high base. ADVERTISEMENT "Electronics and electricals segments registered moderate growth while the durables segment declined due to lower demand for summer categories," he said. On the outlook, Chittilappilly said he expects the demand to normalise in the coming quarters and continue to invest in brand building and capacity enhancement. ADVERTISEMENT "We have also initiated actions to merge Sunflame operations with V-Guard, which will fast-track realisation of synergy benefits," he said. V-Guard had acquired the kitchen appliance company Sunflame Enterprises for a deal pegged at Rs 660 crore in FY23. Shares of V-Guard Industries Ltd settled at Rs 380.80 apiece on the BSE, down 1.58 per cent from the previous close. (You can now subscribe to our ETMarkets WhatsApp channel)
Business Standard
17 hours ago
- Business
- Business Standard
V-Guard Industries consolidated net profit declines 25.38% in the June 2025 quarter
Sales decline 0.75% to Rs 1466.08 croreNet profit of V-Guard Industries declined 25.38% to Rs 73.85 crore in the quarter ended June 2025 as against Rs 98.97 crore during the previous quarter ended June 2024. Sales declined 0.75% to Rs 1466.08 crore in the quarter ended June 2025 as against Rs 1477.10 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% -1 OPM %8.4310.55 -PBDT124.57154.09 -19 PBT98.26132.36 -26 NP73.8598.97 -25 Powered by Capital Market - Live News
Business Standard
14-05-2025
- Business
- Business Standard
V-Guard Industries consolidated net profit rises 19.64% in the March 2025 quarter
Sales rise 14.55% to Rs 1538.08 crore Net profit of V-Guard Industries rose 19.64% to Rs 91.13 crore in the quarter ended March 2025 as against Rs 76.17 crore during the previous quarter ended March 2024. Sales rose 14.55% to Rs 1538.08 crore in the quarter ended March 2025 as against Rs 1342.77 crore during the previous quarter ended March 2024. For the full year,net profit rose 21.80% to Rs 313.72 crore in the year ended March 2025 as against Rs 257.58 crore during the previous year ended March 2024. Sales rose 14.85% to Rs 5577.82 crore in the year ended March 2025 as against Rs 4856.67 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1538.081342.77 15 5577.824856.67 15 OPM % 9.309.52 - 9.208.79 - PBDT 145.00122.80 18 509.61421.20 21 PBT 118.22100.63 17 413.95340.32 22 NP 91.1376.17 20 313.72257.58 22
Time of India
14-05-2025
- Business
- Time of India
V-Guard Q4 profit rises 19.6% to Rs 91 cr
Electrical goods manufacturer V-Guard Industries Ltd on Wednesday reported a 19.6 per cent increase in consolidated net profit to Rs 91.13 crore during the March quarter. It had posted a net profit of Rs 76.17 crore in the January-March period in the last fiscal year, V-Guard Industries said in a regulatory filing. V-Guard's revenue from operations was up 14.54 per cent to Rs 1,538.08 crore in the March quarter. It was at Rs 1,342.77 crore in the corresponding period a year ago. Total expenses of V-Guard in the forth quarter of the previous fiscal year were up 14.22 per cent to Rs 1,424.36 crore. V-Guard's total income, which includes other incomes, was up 14.46 per cent at Rs 1,542.58 crore in the March quarter. For the financial year ended March 31, 2025, V-Guard's net profit was up 21.8 per cent to Rs 313.72 crore, from Rs 257.58 crore a year before. In FY25, V-Guard's total consolidated income rose 14.47 per cent to Rs 5,598.71 crore. Commenting on the performance, Managing Director Mithun K Chittilappilly said business has delivered a robust performance in the fourth quarter with good growth in both revenue and profitability. "Gross margins further improved on a YoY basis. Supported by strong cash flows, we have pre-closed the entire term loan related to Sunflame acquisition and are back to being a debt-free company," he said. On the outlook, Chittilappilly said, "Having ended the financial year on a positive note, we look forward to the upcoming financial year with optimism and some exciting product launches in the pipeline." Shares of V-Guard Industries Ltd settled at Rs 376.90 on the BSE, marginally down 0.59 per cent from the previous close.
