VIP Industries Limited — Board Meeting, 13-05-2025: Outcome of Board Meeting

VIP Industries has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue stood at Rs 2,189.35 Cr, but the company posted a loss before tax of Rs 91.22 Cr versus a profit of Rs 76.58 Cr last year, hit by a major fire at its Bangladesh plant in 2023. Insurance recoveries eased the impact. Net loss was Rs 68.79 Cr. Positive operating cash flows of Rs 292 Cr highlight strong cash management, while granting stock appreciation rights signals focus on employee retention amid headwinds.