The corresponding figure during the same period of the previous fiscal is Rs 37.18 crore, V-Guard Industries said in a BSE filing.
Net sales during the quarter under review was up 15.26 per cent at Rs 559.91 crore as against Rs 485.75 crore in the year-ago period.
"We have been able to partly recover the sales loss due to GST," V-Guard Industries Managing Director Mithun K Chittilappilly said.
On outlook, he said the company expects to perform in line with expectations in the coming quarter and the outlook remains cautiously positive.
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