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V-Guard Industries Ltd Q2FY24; 21% rise in Profits

Founded in 1977, V-Guard Industries Ltd. (‘V-Guard’) is a reputed Indian company manufacturing innovative and experiential products in the categories of Electronics, Electricals and Consumer Durables. It has grown from being a brand synonymous with voltage stabilizers across South India, to a brand offering a wide array of thoughtfully engineered products to consumers across the length and breadth of the country. Underpinned by its continuous quest to enrich consumer lives and power a stronger tomorrow.

Financial Results:

V-Guard Industries Ltd reported Revenues for Q2FY24 of ₹1,072.00 Crores up from ₹981.00 Crore year on year, a rise of 9.28%.

Total Expenses for Q2FY24 of ₹1,017.00 Crores up from ₹926.00 Crores year on year, a rise of 9.83%.

Consolidated Net Profit of ₹52.00 Crores up 20.93% from ₹43.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.20, up 20.00% from ₹1.00 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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