Apparels & Accessories company VIP Industries announced Q1FY25 results: Overall revenue was reported at Rs 639 crore and growth for Q1FY25 was flat. PBT of Rs 4 crore, down by 95% YoY However, volume growth sustained at 11% Ecommerce continued its growth trajectory with YoY value increase of 66% Payout to ecommerce for price support is netted off from current year revenue Gross margins declined by 510 bps on account of SL liquidation, channel mix and lower production at Bangladesh Employee cost impact includes reversal of additional one-time provisions Other expenses higher mainly on a/c of net loss on forex and marketplace expenses Result PDF