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VIP Industries reports 11% fall in Q3 consolidated net profit

08 Feb 2019 Evaluate

VIP Industries has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 18.77% in its net profit at Rs 19.56 crore for the quarter under review as compared to Rs 24.08 crore for the same quarter in the previous year. However, total income of the company increased by 27.30% at Rs 432.69 crore for Q3FY19 as compared Rs 339.91 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 11.38% in its net profit at Rs 23.83 crore for the quarter under review as compared to Rs 26.89 crore for the same quarter in the previous year. However, total income of the company increased by 27.34% at Rs 432.83 crore for Q3FY19 as compared Rs 339.91 crore for the corresponding quarter previous year.

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