VIP Industries reports three fold jump in Q3 net profit

30 Jan 2014

VIP Industries has reported results for third quarter ended December 31, 2013.

The company has reported around three fold jump in its net profit at Rs 10.10 crore for the quarter as compared to Rs 3.50 crore for the same quarter in the previous year. Total income from operations of the company has increased by 15.34% at Rs 236.10 crore for quarter under review as compared to Rs 204.70 crore for the quarter ended December 31, 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.

 

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