V-Guard Industries Reports Strong Q2 FY 2026–27 Performance

KOCHI : V-Guard Industries Limited, a leading manufacturer of electrical and electronic products, has reported a strong performance for the second quarter of FY 2026–27, ended September 30, 2026. The company recorded a consolidated revenue of ₹1,852.89 crore, marking a 38.2% increase from ₹1,340.92 crore in the corresponding quarter of the previous financial year. Net profit surged 71% to ₹111.67 crore from ₹65.29 crore in the same period last year. The company also registered strong growth during the first six months of the financial year, with consolidated revenue from operations increasing 30.5% to ₹3,663.54 crore, compared to ₹2,807 crore in the corresponding period of the previous year. Net profit for the first half of FY 2026–27 rose 73.9% to ₹241.92 crore from ₹139.14 crore a year earlier. Commenting on the performance, Mithun K. Chittilappilly, Chairman and Managing Director of V-Guard Industries Limited, said the business delivered a strong performance in the second quarter, with all segments recording healthy growth. He attributed the growth to favourable product price movements and strong sales across most segments, supported by the company’s business resilience, clear strategic focus and favourable market conditions. Despite the challenges posed by the conflict in the Middle East, V-Guard successfully addressed the impact through various measures. He added that the company would continue to take necessary steps to sustain supply and profitability in the coming quarters and expressed confidence in maintaining its growth momentum.