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V-Guard Industries reports 2-fold jump in Q1 consolidated net profit

27 Jul 2022 Evaluate

V-Guard Industries has reported results for first quarter ended June 30, 2022.

The company has reported 2-fold jump in its net profit at Rs 54.02 crore for the quarter under review as compared to Rs 24.63 crore for the same quarter in the previous year. Total income of the company increased by 79.69% at Rs 1,014.70 crore for Q1FY23 as compared Rs 564.69 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 53.37 crore for the quarter under review as compared to Rs 25.54 crore for the same quarter in the previous year. Total income of the company increased by 79.84% at Rs 1,023.41 crore for Q1FY23 as compared Rs 569.06 crore for the corresponding quarter previous year.

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