V-Guard Industries’ revenue grows 38.2 per cent to Rs 1,852.89 crore in the September quarter, while first-half net profit rises 73.9 per cent to Rs 241.92 crore
V-Guard Industries reported a 71 per cent year-on-year increase in consolidated net profit to Rs 111.67 crore for the quarter ended 30 September 2026, compared with Rs 65.29 crore in the corresponding quarter last year. Revenue from operations rose 38.2 per cent to Rs 1,852.89 crore from Rs 1,340.92 crore, according to the consumer electricals and electronics maker’s results.
For the first half of FY27, V-Guard’s consolidated revenue from operations increased 30.5 per cent to Rs 3,663.54 crore, against Rs 2,807 crore in the corresponding period of the previous financial year. Net profit for the six months ended 30 September climbed 73.9 per cent to Rs 241.92 crore from Rs 139.14 crore a year earlier.
Mithun K Chittilappilly, Chairman and Managing Director of V-Guard Industries, said, “The business delivered another quarter of robust and consistent performance with all segments delivering strong growth which was a combination of both price and healthy volume growth for most of the categories. The growth was driven by inherent resilience of the business, right focus and supportive market conditions.”
However, the company continues to face pressure on margins amid the West Asia crisis. Chittilappilly said, “The West Asia crisis continues to pose margin challenges which are being mitigated through various actions. We continue to monitor the geopolitical situation and will take appropriate actions necessary to protect supplies and margins. We are hopeful to deliver healthy growth in the upcoming quarters,” he added.
