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V-Guard Q4 profit rises 19.6% to Rs 91 cr

V-Guard Q4 profit rises 19.6% to Rs 91 cr

Time of India14-05-2025

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.

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