V-Guard Records 38 Per Cent Y-o-Y Revenue Growth; CFO Anticipates Demand In Festive Season

V-Guard Industries Ltd., announced its unaudited financial results for the quarter ended June 30, 2021, recording a consolidated net revenue of Rs 565.2 Crores. This is a 38.5 per cent increase compared to the corresponding period last year which stood at Rs 408 Crores. The profit after tax for the quarter stood at Rs.25.5 Cr, this is a huge growth of almost 600 per cent in comparison to Q1 last year when the pandemic set in. The Electricals and electronics company recorded a gross margin increase of 3.8% this quarter,…

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