V-Guard Industries Ltd (BOM:532953)
₹ 424.55 12.5 (3.03%) Market Cap: 184.61 Bil Enterprise Value: 187.73 Bil PE Ratio: 72.20 PB Ratio: 10.17 GF Score: 91/100
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Q2 2021 V Guard Industries Ltd Earnings Call Transcript

Oct 29, 2020 / 09:30AM GMT
Release Date Price: ₹168.45 (-1.09%)
Unidentified Analyst

On behalf of Equirus Securities, I would like to welcome the management of V-Guard Industries to discuss 2Q FY '21 results.

We have with us the senior management of V-Guard Industries, represented by Mr. Mithun, Managing Director; Mr. Ramachandran, Director and Chief Operating Officer; and Mr. Sudarshan Kasturi, Senior VP and Chief Financial Officer.

I would now hand over the call to the management for the comments. Thank you, and over to you, sir.

Mithun K. Chittilappilly
V-Guard Industries Limited - MD & Executive Director

Thank you. A very warm welcome to everyone present, and thank you very much for joining us today to discuss the operating and financial performance of our company for the second quarter ended 30th September 2020.

During Q2 FY '21, V-Guard recorded revenues of INR 616.7 crore, which is flat compared to the corresponding quarter of last year. This also represents a sharp rebound from the substantial weakness seen in Q1 caused by the strength of the virus pandemic. South revenues declined by 3.2

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