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VIP Industries turns black in Q3

02 Feb 2022 Evaluate

VIP Industries has reported results for third quarter ended December 31, 2021.

The company has reported net profit at Rs 27.55 crore for the quarter under review as compared to net loss of Rs 8.68 crore for the same quarter in the previous year. Total income of the company increased by 65.69% at Rs 397.91 crore for Q3FY22 as compared Rs 240.16 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 33.47 crore for the quarter under review as compared to net loss of Rs 7 crore for the same quarter in the previous year. Total income of the company increased by 67.56% at Rs 406.74 crore for Q3FY22 as compared Rs 242.74 crore for the corresponding quarter previous year.

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