VIP Industries posts wider Q4 loss on lower revenue, weaker margins
Published on 13/05/2025 07:24 PM
VIP Industries posts wider Q4 loss on lower revenue, weaker marginsShares of the company ended 0.9% higher at a price of ₹347.35 on Tuesday.By Poonam Behura May 13, 2025, 7:24:53 PM IST (Published)1 Min ReadVIP Industries Ltd, one of India’s largest luggage and travel gear manufacturers, reported a wider net loss of ₹27.4 crore for the quarter ended March 2025, compared to a loss of ₹23.9 crore a year earlier.
Revenue declined 4.3% year-on-year to ₹494 crore, from ₹516 crore in the same quarter last year. EBITDA fell 18.2% to ₹6.3 crore, while margins narrowed to 1.3% from 1.5% a year ago.
VIP Industries Ltd is a Mumbai-based company engaged in the manufacturing and marketing of luggage and travel-related products. Founded in 1971, the company operates in the organised luggage segment and offers products under brands such as VIP, Skybags, Carlton, Aristocrat, and Caprese.
The company has manufacturing units in India and Bangladesh and distributes its products through a network of retail stores, multi-brand outlets, and e-commerce platforms. VIP Industries derives a significant portion of its revenue from the domestic market, with a growing share of exports. Its product portfolio spans hard and soft luggage, backpacks, and women’s handbags.
Shares of the company ended 0.9% higher at a price of ₹347.35 on Tuesday.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsshare market todayVIP Industries