{"id":152245,"date":"2023-08-10T03:55:14","date_gmt":"2023-08-10T07:55:14","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152245"},"modified":"2023-08-10T03:55:16","modified_gmt":"2023-08-10T07:55:16","slug":"v-guard-industries-ltd-q1fy24-2-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/v-guard-industries-ltd-q1fy24-2-fall-in-profits\/","title":{"rendered":"V-Guard Industries Ltd Q1FY24; 2% fall in Profits"},"content":{"rendered":"\n<p>Founded in 1977, V-Guard Industries Ltd. (\u2018V-Guard\u2019) 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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>V-Guard Industries Ltd reported Revenues for Q1FY24 of \u20b91,148.00 Crores up from \u20b91,010.00 Crore year on year, a rise of 13.66%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b91,087.00 Crores up from \u20b9943.00 Crores year on year, a rise of 15.27%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b953.00 Crores down 1.85% from \u20b954.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.23, down 1.60% from \u20b91.25 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-525.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-525-839x1024.png\" alt=\"\" class=\"wp-image-152246\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-525-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-525-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-525-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-525-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-525.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded in 1977, V-Guard Industries Ltd. (\u2018V-Guard\u2019) 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 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":152246,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5746],"tags":[9170,8875,12125],"class_list":["post-152245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-energy-stocks","tag-consumer-electronics","tag-electrical-equipment-parts","tag-voltage-stabilzers"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-525.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155577,"url":"https:\/\/alphastreet.com\/india\/v-guard-industries-ltd-q2fy24-21-rise-in-profits\/","url_meta":{"origin":152245,"position":0},"title":"V-Guard Industries Ltd Q2FY24; 21% rise in Profits","author":"Chirag Gupta","date":"October 31, 2023","format":false,"excerpt":"Founded in 1977, V-Guard Industries Ltd. 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