KOCHI: V-Guard Industries Ltd reported a 19.6 per cent rise in consolidated net profit for the March quarter, with earnings climbing to Rs91.13 crore, compared with Rs76.17 crore in the same period last year.
The V-Guard board has recommended a final dividend of Rs1.50 (150%) per equity share of Rs1 each for the Financial Year 2024-25.
Revenue from operations for V-Guard rose 14.54 per cent year-on-year to Rs1,538.08 crore in the fourth quarter, up from Rs1,342.77 crore a year ago. Total expenses during the quarter increased 14.22 per cent to Rs1,424.36 crore.
Including other income, V-Guard total income stood at Rs1,542.58 crore, marking a 14.46 per cent increase from the previous year.
Full-year profit
For the full financial year ended March 31, 2025, V-Guard’s net profit rose 21.8 per cent to Rs313.72 crore, up from Rs257.58 crore in the previous year.
The company’s total consolidated income for FY25 grew 14.47 per cent to Rs5,598.71 crore.
Managing Director Mithun K Chittilappilly said the company had delivered a robust performance in the fourth quarter, supported by growth in both revenue and profitability.
“Gross margins further improved on a year-on-year basis. Supported by strong cash flows, we have pre-closed the entire term loan related to the Sunflame acquisition and are back to being a debt-free company,” he said.
Looking ahead, Chittilappilly added, “Having ended the financial year on a positive note, we look forward to the upcoming financial year with optimism and some exciting product launches in the pipeline.”
Shares of V-Guard Industries Ltd closed at Rs376.90 on the BSE on Wednesday, down 0.59 per cent from the previous close.
