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V I P Industries Ltd Q1FY24; 16% fall in Profits

VIP Industries is engaged interalia, in the business of manufacturing and marketing of luggage, bags and accessories.

Financial Results:

V I P Industries Ltd reported Revenues for Q1FY24 of ₹636.00 Crores up from ₹591.00 Crore year on year, a rise of 7.61%.

Total Expenses for Q1FY24 of ₹588.00 Crores up from ₹513.00 Crores year on year, a rise of 14.62%.

Consolidated Net Profit of ₹58.00 Crores down 15.94% from ₹69.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.08, down 16.39% from ₹4.88 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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