Household Appliances company V-Guard Industries announced Q2FY26 results Consolidated Net Revenue from operations for Q2FY26 is Rs 1,340.92 crore; a growth of 3.6% over the revenue recorded in Q2FY25 (Rs 1,293.99 crore). Consolidated Profit After Tax for Q2FY26 is Rs 65.29 crore, a growth of 3.0% as against Rs 63.39 crore recorded in Q2FY25. Mithun. K. Chittilappilly, Managing Director, V-Guard Industries, said: "Business has delivered modest growth across segments in the second quarter because of headwinds including higher than average rainfall, weak demand and GST transition. Gross margins improved further during the quarter. Reforms introduced as part of GST 2.0 are a welcome step towards simplifying the tax structure and boosting consumption. We expect the improvement in demand to start reflecting in the coming quarters." Result PDF
Conference Call with V-Guard Industries Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Household Appliances company V-Guard Industries announced Q1FY26 results Consolidated Net Revenue from operations for the quarter ended June 30, 2025 is Rs 1,466.08 crore; a decline of 0.7% over the revenue recorded in corresponding period of the previous year (Rs 1,477.10 crore). Consolidated Profit After Tax for the quarter is Rs 73.85 crore, a decline of 25.4% as against Rs 98.97 crore recorded in corresponding period of the previous year. EBITDA excluding other income stood at Rs 123.59 crore for the quarter compared to Rs 155.77 crore in Q1FY25 Mithun. K. Chittilappilly, Managing Director, V-Guard Industries 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 durables segment declined due to lower demand for summer categories. Gross margins continue to remain healthy. We expect 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 Sun/lame operations with V-Guard which will fast track realisation of synergy benefits." Result PDF
Conference Call with V-Guard Industries Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Household Appliances company V-Guard Industries announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Consolidated Net Revenue from operations for the quarter ended March 31, 2025 is Rs 1,538.08 crore; a growth of 14.5% over the revenue recorded in corresponding period of the previous year (Rs 1,342.77 crore). Consolidated Profit After Tax for the quarter is Rs 91.13 crore, a growth of 19.6% as against Rs 76.17 crore recorded in corresponding period of the previous year. Consolidated Net Revenue from operations for the year ended March 31, 2025 is Rs 5,577.82 crore; a growth of 14.8% over the revenue recorded in corresponding period of the previous year (Rs 4,856.67 crore). Consolidated Profit After Tax for the year ended March 31, 2025 is Rs 313.72 crore, a growth of 21.8% as against Rs 257.58 crore in corresponding period of the previous year. FY25 Financial Highlights: Net Revenue (NR): Rs 5,577.82 crore in FY25 vs. Rs 4,856.67 crore in FY24 — up 14.8% COGS: Rs 3,555.75 crore in FY25 vs. Rs 3,212.96 crore in FY24 — up 10.7% Gross Margin: 36.3% in FY25 vs. 33.8% in FY24 — improvement EBITDA (Excluding Other Income): Rs 513.23 crore in FY25 vs. Rs 426.71 crore in FY24 — up 20.3% As a % to NR: 9.2% in FY25 vs. 8.8% in FY24 PBT: Rs 413.95 crore in FY25 vs. Rs 340.32 crore in FY24 — up 21.6% As a % to NR: 7.4% in FY25 vs. 7.0% in FY24 PAT: Rs 313.72 crore in FY25 vs. Rs 257.58 crore in FY24 — up 21.8% As a % to NR: 5.6% in FY25 vs. 5.3% in FY24 Commenting on the company's performance, Mithun. K. Chittilappilly, Managing Director, V-Guard Industries said "Business has delivered robust performance in the fourth quarter with good growth in both revenue and profitability. Gross margins further improved on 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. 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." Result PDF