V-Guard posts Q3 profit beat on sturdy demand across segments
Thursday, 1 February 2024
V-Guard Industries, an electronic products maker, reported Q3 profit of 582.4 million rupees ($7 million), exceeding estimates. The company experienced increased demand during the festive season. Revenue from the electricals segment, which accounts for 40% of the revenue, rose 8% to 4.73 billion rupees. The company's EBITDA margin expanded to 8.7%.
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