V-Guard Industries Ltd. has reported a 3.6% increase in revenue, reaching ₹1340.92 crs for Q2 FY2025-26. Profit after tax grew by 3.0% to ₹65.29 crs. The company noted modest growth across segments due to higher rainfall and weak demand, but expects improved demand in future quarters with simplified GST.
Financial Performance
V-Guard Industries Ltd. announced its unaudited financial results for the quarter ended September 30, 2025, showcasing growth in both revenue and profit.
Key highlights for Q2 FY2025-26 include:
- Consolidated Net Revenue from operations reached ₹1340.92 crs, a 3.6% increase compared to ₹1293.99 crs in the previous year.
- Consolidated Profit After Tax grew by 3.0%, totaling ₹65.29 crs, up from ₹63.39 crs in the corresponding period last year.
- For the six months ended September 30, 2025, consolidated net revenue was ₹2807.00 crs, a 1.3% increase from ₹2771.09 crs in the prior year.
- Profit After Tax for the six months declined by 14.3% to ₹139.14 crs, compared to ₹162.36 crs in the same period last year.
Segment Analysis for Q2 FY26
Revenue Breakup:
- Electronics: ₹319.07 crs, a 5.3% increase.
- Electricals: ₹562.62 crs, a 4.7% increase.
- Consumer Durables: ₹396.09 crs, a 1.0% increase.
- Sunflame: ₹63.14 crs, a 3.4% increase.
Management Outlook
Mr. Mithun. K. Chittilappilly, Managing Director, commented that the company delivered modest growth due to headwinds such as higher than average rainfall, weak demand, and GST transition. Gross margins improved during the quarter, and the company anticipates improved demand in the coming quarters following GST 2.0 reforms.
H1 FY26 Performance
Key highlights for the six months ended September 30, 2025, include:
- Net revenue (NR) at ₹2807.00 crs, up 1.3% year-on-year.
- Profit after tax (PAT) at ₹139.14 crs, down 14.3% year-on-year.
Source: BSE