V-Guard Q1 results: Net profit up 54.11% to Rs 99 cr on improved margins

Quick Summary:

V-Guard Industries on Wednesday reported 54.11 per cent increase in consolidated net profit at Rs 98.97 crore for June quarter FY25 helped by improvement in margins with softening commodity prices and cost-effective initiatives.

The electrical goods manufacturer had clocked a net profit of Rs 64.22 crore in April-June FY24, according to a regulatory filing.

Total income was higher by 21 per cent at Rs 1,484.01 crore in June quarter.

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Article Details

Category: BusinessFinance

Markets: India

Topics: V-Guard Revenue from operations Managing Director Mithun K Chittilappilly Q1 results V-Guard Industries Corporate earnings Electrical goods manufacturer

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 15:52:48 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 421 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21761192

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