V-Guard Industries Q3 net profit up 41 pc at Rs 36 cr

Image
Press Trust of India New Delhi
Last Updated : Jan 22 2018 | 5:10 PM IST
V-Guard Industries today reported a 41.39 per cent increase in standalone net profit at Rs 35.76 crore for the quarter ended December 31, 2017.
The company had posted a net profit of Rs 25.29 crore during the same period previous fiscal, V-Guard Industries said in a regulatory filing.
Total income grew 16.75 per cent to Rs 526.08 crore as against Rs 450.58 crore in the corresponding quarter previous fiscal.
"We have been able to perform well in almost all product verticals. Outlook remains positive for the coming quarter, considering the season for many of the product verticals," V- Guard Industries MD Mithun K Chittilappilly said.
The stock closed 3.34 per cent up at Rs 247.35 on BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 22 2018 | 5:10 PM IST

Next Story