VIP Clothing reported net profit at Rs 9.5 crore, while Andhra Sugars' consolidated net profit was at Rs 52 crore
VIP Clothing reported a net profit at Rs 9.5 crore against a loss of Rs 3.5 crore in the year-ago period.
The company’s revenue was up 6.4 percent at Rs 49.7 crore against Rs 46.7 crore. EBITDA loss was at Rs 6 crore versus Rs 1.8 crore, while tax write-back stood at Rs 17.3 crore.
Andhra Sugars posted 24.4 percent YoY jump in its consolidated net profit at Rs 52 crore versus Rs 42 crore, while revenue was up 14.5 percent at Rs 391.4 crore versus Rs 341.8 crore, YoY,
EBITDA was up 21.7 percent at Rs 91.4 crore, while the EBITDA margin was up at 23.4 percent.At 1126 hours, VIP Clothing was quoting at Rs 7.36, up Rs 0.35, or 4.99 percent, and Andhra Sugars was at Rs 290.50, up Rs 11.35, or 4.07 percent, on the BSE.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.