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01-Nov-2023

V I P Industries

Sales up 6%, OP down 26%


'Consolidated net sales (including other operating income) of V I P Industries has increased 6.09% to Rs 546.09 crore. 

Operating profit margin has declined from 13.91% to 9.68%, leading to 26.12% decline in operating profit to Rs 52.88 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 34.77% to 34.80%.   Purchase of finished goods cost fell from 14.36% to 13.07%.   Employee cost decreased from 11.88% to 11.38%.   Other expenses rose from 24.29% to 31.65%.  

Other income fell 51.33% to Rs 2.57 crore.  PBIDT fell 27.86% to Rs 55.45 crore.  Provision for interest rose 78.61% to Rs 12.36 crore.  

PBDT fell 38.39% to Rs 43.09 crore.  Prov...



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  • Results-Analysis   (01-Nov-2023)

    V I P Industries

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