V-Guard Industries has reported results for first quarter ended June 30, 2020.
The company has reported 93.10% fall in its net profit of Rs 3.62 crore for the quarter under review as against Rs 52.45 crore for the same quarter in the previous year. Total income of the company decreased 41.84% at Rs 410.52 crore for Q1FY21 as compared Rs 705.83 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 92.86% fall in its net profit attributable to equity holder at Rs 3.77 crore for the quarter under review as against Rs 52.81 crore for the same quarter in the previous year. Total income of the company decreased by 42.13% at Rs 412.65 crore for Q1FY21 as compared Rs 713.12 crore for the corresponding quarter previous year.
