V-Guard Industries Ltd's Q3FY25 Quarterly Results

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

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.