VIP Industries has reported results for the second quarter ended September 30, 2013.
The company has reported a net profit at Rs 4.30 crore for the quarter as compared to a net loss of Rs 1.80 crore for the same quarter in the previous year. Total income of the company has increased by 28.18% at Rs 198.30 crore for quarter under review as compared to Rs 154.70 crore for the quarter ended September 30, 2012.
VIP Industries is engaged in manufacturing of moulded luggage (from high-density polyethylene), soft luggage (from nylon, polyester, jupolene, printed polyester) and ABS luggage (from acrylonitrile butadiene styrene plastic) including briefcases, suitcases, handbags, carry bags and vanity cases.
