Archive · 29 Jul 2026
V-Guard Q1 Profit Rises to ₹130.25 Crore
V-Guard Industries Ltd reported a net profit of ₹130.25 crore for the first quarter of 2026, which is a big increase from last year.
The company's total income also went up to ₹1,822.33 crore.
The board of directors appointed Mithun K Chittilappilly as the new Managing Director and Chairperson, replacing Radha Unni.
Additionally, the company allotted 23,912 equity shares to six employees under the 'ESOS 2013' scheme.
This shows that the company is doing well financially and is making important changes in its leadership.
V-Guard reported a consolidated net profit of ₹130.25 crore for Q1 2026, up from ₹73.85 crore in the same quarter last year.
Consolidated revenue from operations grew to ₹1,810.65 crore.
Total income for the quarter reached ₹1,822.33 crore, up from ₹1,471.33 crore in the previous fiscal year.
The board approved the appointment of Mithun K Chittilappilly as Managing Director and Chairperson, effective September 27, 2026.
The company allotted 23,912 equity shares to six employees under the 'ESOS 2013' scheme.
- Who
- V-Guard Industries Ltd
- What
- Announced Q1 financial results and leadership changes
- When
- First quarter ended June 30, 2026
- Where
- India
- Why
- To report financial performance and announce leadership transition
Positive Financial Growth
Leadership Transition
Financial Performance
Positive Financial Growth
V-Guard reported a significant increase in net profit and revenue for Q1 2026, indicating strong financial growth.
Leadership Transition
The company's financial performance is robust, with increased income and controlled expenses.
Leadership Changes
Positive Financial Growth
The appointment of Mithun K Chittilappilly as Managing Director and Chairperson marks a significant leadership transition.
Leadership Transition
Radha Unni's term as Chairperson and Independent Director concludes, paving the way for new leadership.
- Consolidated Net Profit
- ₹130.25 crore
- Consolidated Revenue
- ₹1,810.65 crore
- Total Income
- ₹1,822.33 crore
- Total Expenses
- ₹1,650.46 crore
- Earnings Per Share (EPS)
- ₹2.97
- New Managing Director and Chairperson
- Mithun K Chittilappilly
- Outgoing Chairperson
- Radha Unni
- Equity Shares Allotted
- 23,912