V-Guard Q2 net profit dips 26.5 pc to Rs 43.6 cr; revenue up 8.7 pc to Rs 986 cr
“Margins for the quarter were impacted by sale of higher cost Wires inventory at relatively lower realizations due to fall in copper prices. Even in the other categories, input costs remain significantly higher than long-term averages, despite some reduction seen in the last few months,” V-Guard Industries Managing Director Mithun K Chittilappilly said.
