V-Guard Industries Limited — Updates, 28-01-2025: Press Release

V-Guard Industries Ltd. reported an 8.9% year-on-year growth in consolidated net revenue for the quarter, reaching ₹1268.65 Cr. The consolidated profit after tax increased by 3.4% to ₹60.22 Cr. for Q3 FY 2024-25. For the nine months ending December 31, 2024, revenues rose by 15% to ₹4039.74 Cr., while profit after tax surged 22.7% to ₹222.58 Cr.

The electronics segment excelled, with a 27.9% revenue growth Y-o-Y. Non-south regions demonstrated strong performance, with a revenue increase of approximately 16%. However, commodity fluctuations adversely impacted the wires demand in the electricals segment, leading to a modest 1.2% growth in that category. The company anticipates robust performance in the upcoming summer season, despite increased advertising and promotional expenditure during the quarter that affected margins. Overall, V-Guard’s financial health appears stable, presenting potential growth opportunities moving forward.