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VIP Industries’ Q2 consolidated net profit climbs 38%

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

The company has reported a rise of 28.05% in its net profit at Rs 31.04 crore for the quarter under review as compared to Rs 24.24 crore for the same quarter in the previous year. Total income of the company increased by 29.31% at Rs 404.85 crore for Q2FY19 as compared Rs 313.09 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 37.68% in its net profit at Rs 32.81 crore for the quarter under review as compared to Rs 23.83 crore for the same quarter in the previous year. Total income of the company increased by 29.43% at Rs 403.82 crore for Q2FY19 as compared Rs 311.99 crore for the corresponding quarter previous year.

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