V-Guard Q2 Profit Rises 72.3% to ₹112 Crore, Shares Jump 11%
V-Guard Industries reported consolidated net profit of ₹112 crore for the second quarter, up 72.3% year on year from ₹65 crore. Revenue from operations rose 38.2% to ₹1,853 crore.
Shares of V-Guard Industries rose as much as 11% on Thursday, October 29, after the company reported a 72.3% year-on-year (YoY) jump in consolidated net profit to ₹112 crore for the second quarter, compared with ₹65 crore in the year-ago period.Revenue from operations increased 38.2% YoY to ₹1,853…