Hot Pursuit     02-Feb-22
VIP Inds rises after turnaround Q3 result
VIP Industries gained 3.99% to Rs 625.9 after the company posted a consolidated net profit of Rs 33.47 crore in Q3 FY22 as compared to a net loss of Rs 7 crore reported in Q3 FY21.
Net sales jumped 70.9% to Rs 397.34 crore in Q3 FY22 from Rs 232.53 crore posted in Q3 FY21. The company posted a pre tax profit of Rs 43.71 crore in Q3 FY22 as against a pre tax loss of Rs 8 crore registered in Q3 FY21.

Operating margin stood at 7.98% in Q3 FY22 as compared to 7.24% posted in Q2 FY22. Interest service coverage ratio improved to 8.62 in Q3 FY22 from 5.82 in Q2 FY22.

VIP Industries is the leading manufacturer of hard and soft luggage in Asia.

Previous News
  V I P Industries Ltd Surges 2.32%
 ( Hot Pursuit - 22-Nov-23   09:30 )
  V I P Industries consolidated net profit declines 83.79% in the December 2023 quarter
 ( Results - Announcements 30-Jan-24   16:59 )
  V I P Industries allots 4648 equity shares under ESOP
 ( Corporate News - 04-Nov-22   17:31 )
  V I P Industries announces resignation of senior management personnel
 ( Corporate News - 18-Nov-23   13:29 )
  V I P Industries Ltd Slides 0.59%
 ( Hot Pursuit - 01-Jan-21   09:45 )
  Board of VIP Industries recommends Interim Dividend
 ( Corporate News - 22-Oct-22   10:23 )
  V I P Industries announces resignation of director
 ( Corporate News - 01-Jul-19   10:17 )
  V I P Industries to allot NCDs aggregating Rs 100 cr
 ( Corporate News - 30-Jul-20   15:06 )
  VIP Inds gains after CRISIL upgrades rating
 ( Hot Pursuit - 03-Jan-20   12:35 )
  Volumes soar at Century Textiles & Industries Ltd counter
 ( Hot Pursuit - 26-Oct-21   11:00 )
  V I P Industries consolidated net profit rises 4.57% in the September 2016 quarter
 ( Results - Announcements 11-Nov-16   15:11 )
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