Net profit of V-Guard Industries rose 3.40% to Rs 60.22 crore in the quarter ended December 2024 as against Rs 58.24 crore during the previous quarter ended December 2023. Sales rose 8.86% to Rs 1268.65 crore in the quarter ended December 2024 as against Rs 1165.39 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1268.651165.39 9 OPM %8.218.72 - PBDT103.7895.39 9 PBT78.7476.25 3 NP60.2258.24 3 Powered by Capital Market - Live News

The Board of V-Guard Industries at its meeting held on 28 January 2025 has approved the proposal for capacity addition in the fans manufacturing facility of V-Guard Consumer Products (VCPL), Wholly-owned Subsidiary of the Company to be set up in Hyderabad. In addition to manufacturing of Table Pedestal & Wall fans, the subsidiary will be manufacturing ceiling fans in the same facility. Total investment of Rs 100 crore will be invested in phases to ramp up to the proposed capacity of 26 lakh units of ceiling fans per annum in a phased manner of 4-5 years. Powered by Capital Market - Live News

V-Guard Industries has allotted 47,451 equity shares under ESOS on 28 January 2025. Powered by Capital Market - Live News

V-Guard Industries will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live News

V-Guard Industries has received reaffirmation in credit rating for commercial paper at CRISIL A1+. Powered by Capital Market - Live News