V-Guard Industries has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has reported a rise of 67.34% in its net profit at Rs 20.65 crore for the quarter, as compared to Rs 12.34 crore for the same quarter in the previous year. Total income of the company has increased by 37.07% to Rs 329.14 crore for the quarter under review as compared to Rs 240.13 crore for the quarter ended June 30, 2011.
Guard Industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc. The company also conducts research and development initiatives for electronic products, electric geysers, electro-mechanical products, electrical wires and solar water heaters.
