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    • VIP Industries: Downgrades and price cuts derail luggage maker's track

      VIP Industries houses brands such as Carlton, Skybags, Aristocrat, Caprese and Alfa, and is the second largest player in the world and largest in Asia.

    • Expect to maintain margins at around 6.5%: VIP Industries

      Dilip G Piramal, Chairman of VIP Industries, says the company has gained market share in recent times on the back of growing demand in air travel.

    • Contained costs in Q3; focus now on existing brands: VIP

      Net profit of the company jumped to Rs 10.10 crore in Q3FY14 from Rs 3.5 crore, reported in the same period last fiscal.

    • VIP Industries may hike prices by 5-6% soon

      Luggage maker VIP Industries reported a net profit of Rs 10.9 crore in Q2FY12 against Rs 12.6 crore year-on-year (Y-o-Y). Dilip G Piramal, chairman, VIP Industries expects sales to be lower on the back of sluggish international sales.

    • Foresee 20% volume growth ahead: VIP Industries

      VIP Industries' Q4FY11 consolidated net sales were up 21% at Rs 166 crore versus Rs 137 crore, year-on-year, YoY. Its net profit was up at Rs 16.3 crore versus Rs 9.1 crore and EBIDTA margins stood at 15.5% versus 14.3%.

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