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V I P Industries Ltd Q3FY24; 84% 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 Q3FY24 of ₹546.42 Crores up from ₹526.40 Crore year on year, a rise of 3.8%.

Total Expenses for Q3FY24 of ₹535.89 Crores up from ₹478.10 Crores year on year, a rise of 12.09%.

Consolidated Net Profit of ₹7.15 Crores down 83.79% from ₹44.10 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.50, down 83.92% from ₹3.11 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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