V-Guard Industries Shows Strong Financial Performance in Q1 FY25, Potential for Growth Ahead

Jul 24 2024 04:20 PM IST
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V-Guard Industries has reported a strong financial performance in the quarter ending Jun 2024, with significant growth in profit before and after tax, inventory turnover ratio, net sales, and operating profit margin. However, the company's cash and cash equivalents have decreased, indicating a short-term liquidity issue. Despite this, MarketsMojo has given a 'Buy' call, showing a positive outlook for the company's stock.

Overall, V-Guard Industries has shown strong financial performance in the quarter ending Jun 2024. The company’s profit before tax and profit after tax have both seen significant growth compared to the previous four quarters. Additionally, the company’s inventory turnover ratio and net sales have also shown positive trends, indicating efficient operations and increasing sales. The operating profit margin has also improved, showing the company’s efficiency in managing its costs. The earnings per share have also increased, creating higher earnings for shareholders.

However, the company’s cash and cash equivalents have decreased in the last six half yearly periods, indicating a short-term liquidity issue. This is something that the company may need to address in the future.


Despite this, MarketsMOJO has given a ‘Buy’ call for V-Guard Industries, indicating a positive outlook for the company’s stock. With its strong financial performance in the quarter ending Jun 2024, V-Guard Industries is proving to be a promising player in the consumer durables industry. Investors can look forward to potential growth and profitability from this largecap company.


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