financetom
Market
financetom
/
Market
/
VIP Industries Q3 revenue grows by 71%; management bets on manufacturing shift from China
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
VIP Industries Q3 revenue grows by 71%; management bets on manufacturing shift from China
Feb 2, 2022 7:40 AM

VIP Industries reported revenue growth of 71 percent at Rs 397.3 crore in Q3FY22. The company had reported revenue of Rs 232.5 crore in same quarter last year.

The company's EBITDA grew 7x at Rs 57.1 crore against Rs 8.1 crore in Q3FY21. Margins increased by 14.4 percent against 3.5 percent on year on year basis.

To discuss the road ahead for the company CNBC-TV18 spoke to Dilip Piramal, Chairman of VIP Industries.

Watch video for more.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-Wall Street set to open lower as markets await data after government reopening
US STOCKS-Wall Street set to open lower as markets await data after government reopening
Nov 13, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.2%, S&P 500 0.3%, Nasdaq 0.4% * Cisco Systems ( CSCO ) gains after annual revenue forecast hike * JD.com rises as quarterly revenue beats estimates (Updates prices, analyst quote before market open) By Twesha Dikshit...
Sector Update: Tech
Sector Update: Tech
Nov 13, 2025
08:55 AM EST, 11/13/2025 (MT Newswires) -- Technology stocks were declining premarket Thursday, with the Technology Select Sector SPDR Fund (XLK) down 0.4% and the SPDR S&P Semiconductor ETF (XSD) 0.1% lower. Cisco Systems ( CSCO ) stock was up more than 6% after the company late Wednesday reported higher fiscal Q1 adjusted earnings and revenue that also beat market...
Sector Update: Energy
Sector Update: Energy
Nov 13, 2025
09:10 AM EST, 11/13/2025 (MT Newswires) -- Energy stocks were edging higher pre-bell Thursday, with the Energy Select Sector SPDR Fund (XLE) advancing by 0.2%. The United States Oil Fund (USO) was up nearly 1% and the United States Natural Gas Fund (UNG) was 0.1% higher. Front-month US West Texas Intermediate crude oil was up 0.9% at $59.04 per barrel...
Exchange-Traded Funds Lower, Equity Futures Mixed Pre-Bell Thursday Amid Expected Economic Data Gaps
Exchange-Traded Funds Lower, Equity Futures Mixed Pre-Bell Thursday Amid Expected Economic Data Gaps
Nov 13, 2025
08:57 AM EST, 11/13/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.3% lower in Thursday's premarket activity as investors weighed the effects of missing economic data after the US government ended its longest shutdown. US stock futures were mixed,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved