VIP Industries Limited — Board Meeting, 28-01-2025: Outcome of Board Meeting

The Board has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Consolidated revenue from operations stood at ₹1,681.53 Cr, while total revenue reached ₹1,689.55 Cr. The consolidated profit before tax was a loss of ₹67.05 Cr, compared to a profit of ₹51.28 Cr in the previous period. A notable exceptional income item totaling ₹25.78 Cr has been recognized related to an insurance claim. The company has a current ratio of 1.32 and a debt-equity ratio of 0.63, indicating sound financial health despite the current loss.