V-Guard Industries Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- V-Guard Industries Ltd reported a 1.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 9.0%.
- Its expenses for the quarter were down by 1.5% QoQ and up 9.4% YoY.
- The net profit decreased 5.0% QoQ and increased 3.4% YoY.
- The earnings per share (EPS) of V-Guard Industries Ltd stood at 1.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1274.08 | 1298.04 | 1168.58 | -1.8% | 9.0% |
Total Expenses | 1195.34 | 1213.42 | 1092.33 | -1.5% | 9.4% |
Profit Before Tax | 78.74 | 84.62 | 76.25 | -6.9% | 3.3% |
Tax | 18.52 | 21.23 | 18.01 | -12.8% | 2.8% |
Profit After Tax | 60.22 | 63.39 | 58.24 | -5.0% | 3.4% |
Earnings Per Share | 1.40 | 1.40 | 1.30 | 0.0% | 7.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
V-Guard Industries Ltd is a prominent player in the electrical and electronics industry, primarily operating in India. The company is well-known for its diverse range of products, which include voltage stabilizers, inverters, water heaters, wiring cables, fans, pumps, and other electrical appliances. V-Guard has established a strong brand presence in the Indian market, focusing on innovation and quality to cater to the needs of its customers. While specific recent developments are not provided, V-Guard consistently expands its product portfolio and enhances its distribution network to strengthen its market position.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), V-Guard Industries Ltd reported a total income of ₹1274.08 crores. This represents a slight decline of 1.8% compared to the previous quarter (Q2FY25), where the total income was ₹1298.04 crores. However, when compared to the same quarter in the previous year (Q3FY24), the company's total income increased by 9.0%, up from ₹1168.58 crores. This year-over-year growth indicates an increase in the company's revenue over the past year.
Profitability
The company's Profit Before Tax (PBT) for Q3FY25 was ₹78.74 crores, reflecting a decrease of 6.9% from the previous quarter's PBT of ₹84.62 crores. Despite this quarter-over-quarter decline, there was a year-over-year growth of 3.3% compared to Q3FY24's PBT of ₹76.25 crores. The Profit After Tax (PAT) for Q3FY25 stood at ₹60.22 crores, a reduction of 5.0% from the previous quarter's figure of ₹63.39 crores. On a year-over-year basis, the PAT increased by 3.4% from ₹58.24 crores in Q3FY24. The company maintained its Earnings Per Share (EPS) at ₹1.40 in Q3FY25, consistent with the previous quarter, and showing a 7.7% increase from the ₹1.30 reported in Q3FY24.
Operating Metrics
V-Guard Industries Ltd's total expenses for Q3FY25 amounted to ₹1195.34 crores, which is a marginal decline of 1.5% from ₹1213.42 crores in Q2FY25. Year-over-year, total expenses increased by 9.4% from ₹1092.33 crores in Q3FY24. The effective tax paid in Q3FY25 was ₹18.52 crores, showing a decrease of 12.8% from Q2FY25 where the tax was ₹21.23 crores, and a slight increase of 2.8% from ₹18.01 crores in Q3FY24. These operational metrics provide insight into the cost structure and tax efficiency of the company during the quarter under review.
