V-Guard Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
VGUARD · price
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V-Guard Industries reported Q1 FY26 standalone revenue from operations of ₹1,406.38 crores, marginally lower than ₹1,414.53 crores in Q1 FY25. Standalone profit after tax fell sharply to ₹55.71 crores from ₹81.88 crores a year ago, a drop of about 32%, with EPS at ₹1.27 versus ₹1.87. On a consolidated basis, revenue was ₹1,466.08 crores (vs ₹1,477.10 crores) and PAT declined to ₹73.85 crores from ₹98.97 crores. The Consumer Durables segment slipped into a loss of ₹7.17 crores at the segment level, while Electronics grew. The Board also approved allotment of 4,500 shares under ESOS 2013, gave in-principle approval to merge wholly-owned subsidiary Sunflame Enterprises (FY25 turnover ₹254.39 cr, PAT ₹3.29 cr) with the company at no share-swap, and approved entry into the Lighting Business to complement its existing portfolio.
Weak Q1 earnings with double-digit profit decline and a loss in the Consumer Durables segment may pressure the stock in the near term, though the Sunflame merger and new Lighting vertical are positive longer-term diversification moves. Shareholders will see no change in shareholding from the Sunflame merger since it is a wholly-owned subsidiary.