VIP Industries Q1 net profit at Rs35cr; stock jumps 7%

The company's total income also rose 30% at Rs566.77cr during the period ended June 30, 2019, as compared to Rs436.95cr during the period ended March 31, 2019.

Jul 30, 2019 08:07 IST India Infoline News Service

VIP Industries
VIP Industries has posted a net profit of Rs35cr for the period ended June 30, 2019, which was up 36% as against Rs25.28cr for the period ended March 31, 2019.

The company's total income also rose 30% at Rs566.77cr during the period ended June 30, 2019, as compared to Rs436.95cr during the period ended March 31, 2019.

V I P Industries Ltd is currently trading at Rs389.40, up by Rs25.15 or 6.9% from its previous closing of Rs364.25 on the BSE.

The scrip opened at Rs365 and has touched a high and low of Rs392.80 and Rs361.80 respectively. So far 12,86,629 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs5,147.48cr.

The BSE group 'A' stock of face value Rs2 has touched a 52 week high of Rs645.05 on 28-Aug-2018 and a 52-week low of Rs342 on 22-Jul-2019. Last one week high and low of the scrip stood at Rs396.95 and Rs345 respectively.

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