Conference Call with V-Guard Industries Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Household Appliances company V-Guard Industries announced Q3FY25 results Consolidated Net Revenue from operations for Q3FY25 is Rs 1268.65 crore; a growth of 8.9% over the revenue recorded in Q3FY24 (Rs 1165.39 crore). Consolidated Profit After Tax for Q3FY25 is Rs 60.22 crore, a growth of 3.4% as against Rs 58.24 crore recorded in Q3FY24. Consolidated Net Revenue from operations for 9MFY25 is Rs 4039.74 crores;· a growth of 15.0% over the revenue recorded in 9MFY24 (Rs 3513.90 crore). Consolidated Profit After Tax for 9MFY25 is Rs 222.58 crore, a growth of 22.7% as against Rs 181.41 crore in 9MFY24. Mithun. K. Chittilappilly, Managing Director, V-Guard Industries, said: "Topline for the third quarter grew 8.9% YoY with strong performance by the electronics segment. Demand for wires was impacted by commodity fluctuations, thereby impacting overall growth for the electricals segment. Non-south regions continue to perform well with topline growing ~ 16% for the quarter. Higher A&P; spends during the quarter especially in Sun/lame had some impact on the bottomline. Margins remain healthy and we look forward to the upcoming summer season with the expectation to deliver robust performance" Result PDF
Electrical Equipment & Products company V-Guard Industries announced H1FY25 & Q2FY25 results Consolidated Net Revenue from operations for Q2FY25 is Rs 1,293.99 crore; a growth of 14.1% over the revenue recorded in corresponding period of the previous year (Rs 1,133.75 crore). Consolidated Profit After Tax for the quarter is Rs 63.39 crore, a growth of 7.5% as against Rs 58.95 crore recorded in corresponding period of the previous year. Consolidated Net Revenue from operations for H1FY24 is Rs 2,771.09 crore; a growth of 18.0% over the revenue recorded in corresponding period of the previous year (Rs 2,348.51 crore). Consolidated Profit After Tax for H1FY25 is Rs 162.36 crore, a growth of 31.8% as against Rs 123.17 crore in corresponding period of the previous year. Mithun. K. Chittilappilly, Managing Director, V-Guard Industries said: "The business has delivered healthy topline growth during the quarter led by electronics segment. Gross margins continue to improve aided by higher share of in-house manufacturing, cost saving initiatives and gradual shift towards a premium portfolio. Margins for wires, which is the largest category in electricals segment,· was impacted during the quarter due to volatile copper prices. We expect to continue the momentum and deliver a strong performance in second half of the year." Result PDF
Conference Call with V-Guard Industries Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.