V.I.P Industries has reported results for fourth quarter and year ended March 31, 2021.
The company has reported net loss at Rs 11.89 crore for the quarter under review as compared to net loss at Rs 5.56 crore for the same quarter in the previous year. Total income of the company decreased by 18.43% at Rs 257.64 crore for Q4FY21 as compared Rs 315.86 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss at Rs 3.78 crore for the quarter under review as compared to net profit at Rs 9.52 crore for the same quarter in the previous year. Total income of the company decreased by 17.98% at Rs 259.30 crore for Q4FY21 as compared Rs 316.16 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported net loss at Rs 84.53 crore as compared to net profit at Rs 88.73 crore for the previous year. Total income of the company decreased by 61.21% at Rs 672.58 crore for year under review as compared to Rs 1734.04 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported net loss at Rs 97.49 crore as compared to net profit at Rs 111.73 crore for the previous year. Total income of the company decreased by 61.38% at Rs 666.91 crore for year under review as compared to Rs 1726.85 crore for year ended March 31, 2020.
