Can I read V-Guard Q3 FY22 Financial Overview on EtoBox?

V-Guard Q3 FY22 Financial Overview by RATHI is a document available to read on EtoBox.

What is V-Guard Q3 FY22 Financial Overview about?

V-Guard Industries reported a 16.1% year-on-year increase in revenue for Q3 FY22 to Rs. 960.7 crore. However, gross margins and profitability declined due to rising commodity costs. EBITDA declined 25.7% to Rs. 84.4 crore and PAT fell 31.8% to Rs. 52.5 crore. While demand was strong initially, the emergence of the third COVID wave impacted growth, especially in the Eastern region. Higher advertising spending and rising operating costs also weighed on margins. Going forward, the company is well positioned to

Author

RATHI

Language

EN