V-Guard Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• V-Guard Industries Ltd reported a 8.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.7%.
• Its expenses for the quarter were down by 8.2% QoQ and up 3.9% YoY.
• The net profit decreased 11.6% QoQ and increased 3.0% YoY.
• The earnings per share (EPS) of V-Guard Industries Ltd stood at 1.48 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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 an Indian company known for manufacturing and marketing a wide range of electronic products and home appliances. The company operates primarily in the electrical and electronics industry, offering products such as voltage stabilizers, inverters, batteries, solar water heaters, pumps, electric fans, and wiring cables. V-Guard has established a significant presence in the Indian market with a strong distribution network catering to various consumer segments. The company is recognized for its focus on quality and innovation, striving to meet the diverse needs of its customers. As of the most recent financial data, there are no specific major developments or strategic shifts disclosed.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), V-Guard Industries Ltd reported a total income of ₹1,345.83 crores. This represents a decrease of 8.5% quarter-over-quarter from ₹1,471.33 crores in Q1FY26, indicating a decline in revenue generation over the recent quarter. However, when compared year-over-year, there is a 3.7% increase from ₹1,298.04 crores in Q2FY25, reflecting a positive growth trajectory in revenue over the past year. The revenue figures suggest varying levels of performance across different time frames.

Profitability

For Q2FY26, V-Guard Industries Ltd achieved a profit before tax of ₹85.08 crores, which reflects a quarter-over-quarter decrease of 13.4% from ₹98.26 crores in Q1FY26. Year-over-year, the profit before tax shows a modest increase of 0.5% from ₹84.62 crores in Q2FY25. The company's profit after tax for Q2FY26 was ₹65.29 crores, down by 11.6% from ₹73.85 crores in the previous quarter (Q1FY26), but up by 3.0% from ₹63.39 crores in the same quarter of the previous year (Q2FY25). Earnings per share (EPS) for the quarter stood at ₹1.48, which is a decrease of 11.9% from the previous quarter and an increase of 2.8% year-over-year. These figures illustrate the company's profitability dynamics over different periods.

Operating Metrics

The total expenses for V-Guard Industries Ltd in Q2FY26 amounted to ₹1,260.75 crores, representing an 8.2% decrease from ₹1,373.07 crores in Q1FY26. Year-over-year, total expenses increased by 3.9% from ₹1,213.42 crores in Q2FY25. Tax expenses for Q2FY26 were ₹19.79 crores, which is an 18.9% decrease quarter-over-quarter from ₹24.41 crores in Q1FY26, and a 6.8% decrease year-over-year from ₹21.23 crores in Q2FY25. These operational figures provide insight into the company's expenditure patterns and tax obligations over the respective periods. The data reflects the company's cost management and operational efficiency within the given timeframe.