V-Guard Industries Share Price Jumps Over 9%; Reports 71% Net Profit Growth in Q2FY27

V-Guard Industries Limited reported consolidated revenue of ₹1,852.89 crore for the quarter ended September 30, 2026, against ₹1,340.92 crore a year earlier.  

Net profit rose to ₹111.67 crore from ₹65.29 crore, while profit before tax increased 76% to ₹149.74 crore. The company’s EBITDA, excluding other income, stood at ₹167.93 crore, compared with ₹109.26 crore in Q2 FY26.  

However, gross margin declined from 37.6% to 34.3%. The figures were part of the unaudited financial results released on October 29, 2026. 

Segment-Wise Performance 

Electricals generated ₹794.25 crore in revenue, up 41.2% from the corresponding quarter last year. Electronics revenue increased 59.9% to ₹510.24 crore, while consumer durables recorded a 20% rise to ₹475.22 crore. Revenue from Sunflame grew 20.5% to ₹76.08 crore. 

Consumer durables segment results increased to ₹22.40 crore from ₹6.91 crore. Electronics segment results rose 48.4% to ₹81.43 crore, while electricals reported ₹84.24 crore, up 29.6%. Sunflame's segment results declined 13.6% to ₹3.57 crore. 

Regional Revenue 

Southern India contributed ₹1,092.42 crore, or 59% of total quarterly revenue, registering year-on-year growth of 51%. Non-southern markets accounted for ₹760.47 crore, up 23.2%. The southern region's contribution increased from 54% in Q2 FY26. 

April-September Performance 

Revenue for the first half of FY27 reached ₹3,663.54 crore, against ₹2,807 crore in the previous year. Net profit increased 73.9% to ₹241.92 crore from ₹139.14 crore. EBITDA, excluding other income, rose 54.1% to ₹358.89 crore. 

Management Commentary 

Chairman and Managing Director Mithun K. Chittilappilly said price increases and volume growth across most categories contributed to the quarterly performance.  

He added that the West Asia crisis continued to create margin challenges and that the company was taking steps to protect supplies and margins. 

Read More: Pine Labs Share Price in Focus; Reports 24% Revenue Growth in Q2 FY27! 

V-Guard Industries Share Price Performance 

As of October 29, 2026, 3:30 pm, V-Guard Industries share price was trading at ₹287.85, a 9.03% increase from the previous closing price. 

Conclusion  

For the first half of FY27, V-Guard's revenue rose to ₹3,663.54 crore and net profit reached ₹241.92 crore. The company continues to monitor the impact of the West Asia crisis on margins and supplies. 

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