Summary

V-Guard Industries Ltd., a leading Consumer Electricals and Electronics Company, announced its unaudited financial results for the quarter ended December 31, 2024. The company's consolidated net revenue from operations for the quarter grew by 8.9% to Rs. 1268.65 crs, while the profit after tax grew by 3.4% to Rs. 60.22 crs. The net revenue for the nine months ended December 31, 2024, grew by 15.0% to Rs. 4039.74 crores, and the profit after tax grew by 22.7% to Rs. 222.58 crs.

Key Highlights

1. 1

   Consolidated Net Revenue from operations for the quarter ended December 31, 2024 is Rs. 1268.65 crs, a growth of 8.9%

2. 2

   Consolidated Profit After Tax for the quarter is Rs. 60.22 crs, a growth of 3.4%

3. 3

   Consolidated Net Revenue from operations for the nine months ended December 31, 2024 is Rs. 4039.74 crores, a growth of 15.0%

4. 4

   Consolidated Profit After Tax for the nine months ended December 31, 2024 is Rs. 222.58 crs, a growth of 22.7%

5. 5

   Topline for the third quarter grew 8.9% Y-o-Y with strong performance by the electronics segment

6. 6

   Demand for wires was impacted by commodity fluctuations, thereby impacting overall growth for the electricals segment

7. 7

   Non-south regions continue to perform well with topline growing ~ 16% for the quarter