Skip to main content

MoneyWorks4Me

V-Guard industries reports 46% fall in Q1 net profit

31 Jul 2017 Evaluate

V-Guard industries has reported results for first quarter ended June 30, 2017.

The company has reported a fall of 45.96% in its net profit at Rs 23.25 crore for the quarter under review as compared to Rs 43.02 crore for the same quarter in the previous year. However, total income of the company increased marginally by 1.46% at Rs 572.23 crore for Q1FY18 as compared Rs 564.02 crore for the corresponding quarter previous year.

V-Guard industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc.

Peers
Company Name CMP
Waaree Energies 2565.00
Apar Industries 14358.85
Havells India 1170.00
Suzlon Energy 38.81
Siemens 3649.00
View more..