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Vadilal Industries turns black in Q2FY19

Vadilal Industries has reported results for second quarter ended September 30, 2018.

The company has reported net profit of Rs 7.93 crore for the quarter under review as against net loss of Rs 1.65 crore for the same quarter in the previous year. Total income of the company increased by 15.49% at Rs 121.52 crore for Q2FY19 as compared Rs 105.22 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit of Rs 9.99 crore for the quarter under review as against net loss of Rs 0.51 crore for the same quarter in the previous year. Total consolidated income of the company increased by 21.19% at Rs 136.48 crore for Q2FY19 as compared Rs 112.62 crore for the corresponding quarter previous year.

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