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V-Guard Industries Ltd Q3FY24; 31% 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 Q3FY24 of ₹1,078.00 Crores up from ₹979.00 Crore year on year, a rise of 10.11%.

Total Expenses for Q3FY24 of ₹1,019.00 Crores up from ₹936.00 Crores year on year, a rise of 8.87%.

Consolidated Net Profit of ₹47.00 Crores up 30.56% from ₹36.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.07, up 28.92% from ₹0.83 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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