V-Guard’s Q2 FY 2020-21 revenue remains flat Y-o-Y

New Delhi, Oct 28 : Consumer electrical and electronics company V-Guard Industries Ltd on Wednesday announced its unaudited financial results for July- September 2020 period, wherein its Consolidated Net Revenue from operations stood flat at Rs 623 crore compared with same period of previous year.The companys Consolidated Profit After Tax for the Q2FY20-21 was Rs 51.

62crore, a decline of 12% over corresponding period of previous year (Rs 58.75 crore).Commenting on the companys performance, Mithun K Chittilappilly, Managing Director, said its cashflow from operations continues to be strong, arising from prudent working capital management.

Pumps, fans and digital UPS categories performed well during the quarter, he said.