V-Guard Industries Limited — Investor Meet, 06-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

V-Guard Industries reported a robust Q2 FY25, with consolidated revenues of INR 1,294 crores, a 14.1% increase year-on-year. The Electronics segment led growth at 18.8% y-o-y, driven by strong performance in stabilizers and solar products, while Electricals grew 16.3%. Despite challenges in the Consumer Durables segment, a gross margin improvement to 35.8% was noted. The company continues to focus on debt repayment and aims to sustain growth momentum in the upcoming quarters.