5329532025-07-012025-09-305329532025-09-305329532025-03-315329532025-04-012025-09-305329532025-07-012025-09-30in-capmkt:OtherExpenses1Member5329532025-04-012025-09-30in-capmkt:OtherExpenses1Member5329532025-07-012025-09-30in-capmkt:ReportableSegments1Member5329532025-07-012025-09-30in-capmkt:ReportableSegments2Member5329532025-07-012025-09-30in-capmkt:ReportableSegments3Member5329532025-07-012025-09-30in-capmkt:ReportableSegments4Member5329532025-04-012025-09-30in-capmkt:ReportableSegments1Member5329532025-04-012025-09-30in-capmkt:ReportableSegments2Member5329532025-04-012025-09-30in-capmkt:ReportableSegments3Member5329532025-04-012025-09-30in-capmkt:ReportableSegments4Member5329532025-07-012025-09-30in-capmkt:ReportableSegments1Member5329532025-07-012025-09-30in-capmkt:ReportableSegments2Member5329532025-07-012025-09-30in-capmkt:ReportableSegments3Member5329532025-07-012025-09-30in-capmkt:ReportableSegments4Member5329532025-04-012025-09-30in-capmkt:ReportableSegments1Member5329532025-04-012025-09-30in-capmkt:ReportableSegments2Member5329532025-04-012025-09-30in-capmkt:ReportableSegments3Member5329532025-04-012025-09-30in-capmkt:ReportableSegments4Member5329532025-07-012025-09-30in-capmkt:ReportableSegments1Member5329532025-09-30in-capmkt:ReportableSegments1Member5329532025-07-012025-09-30in-capmkt:ReportableSegments2Member5329532025-09-30in-capmkt:ReportableSegments2Member5329532025-07-012025-09-30in-capmkt:ReportableSegments3Member5329532025-09-30in-capmkt:ReportableSegments3Member5329532025-07-012025-09-30in-capmkt:ReportableSegments4Member5329532025-09-30in-capmkt:ReportableSegments4Member5329532025-07-012025-09-30in-capmkt:ReportableSegments1Member5329532025-09-30in-capmkt:ReportableSegments1Member5329532025-07-012025-09-30in-capmkt:ReportableSegments2Member5329532025-09-30in-capmkt:ReportableSegments2Member5329532025-07-012025-09-30in-capmkt:ReportableSegments3Member5329532025-09-30in-capmkt:ReportableSegments3Member5329532025-07-012025-09-30in-capmkt:ReportableSegments4Member5329532025-09-30in-capmkt:ReportableSegments4Memberiso4217:INRxbrli:pureiso4217:INRxbrli:shares532953VGUARDNOTLISTEDINE951I01027V-GUARD INDUSTRIES LIMITEDMain BoardEquity2025-04-012026-03-312025-10-292025-10-15INRCroresQuarterlySecond quarterMulti segment2025-10-2910:30:002025-10-2914:10:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated13409200000491000001345830000047188000003762300000-1101000001362400000213000002696000002583200000126075000008508000000850800000212400000-145000001979000000652900000000065290000006529000006529000000652900000043600000011.491.48001.491.4800.11470.4094Notes to the unaudited standalone and consolidated financial results for the quarter and half year ended 30.09.2025 <BR> <BR> 1. The above unaudited standalone and consolidated financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under section 133 of Companies Act, 2013 read with relevant rules issued thereunder. <BR> <BR> 2. The above unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 were reviewed by the Audit Committee and approved by the Board of Directors and taken on record at the meetings held on October 29, 2025. <BR> <BR> 3. Based on the "management approach" as defined in Ind-AS 108 - Operating Segments, the Chief Operating Decision Maker evaluates the Group's performance and allocates resources based on an analysis of various performance indicators by business segments and segment information is presented accordingly. Accordingly, the management has identified Electronics, Electricals, Consumer Durables and Sunflame as business segments. Electronics includes Stabilizers, Digital UPS and Solar Inverters; Electricals includes PVC Insulated Cables, Switch Gears, Pumps and Modular Switches; Consumer Durables includes Electric Water Heaters, Solar Water Heaters, Fans, Kitchen Appliances and Air Coolers; Sunflame includes products sold under trademark Sunflame and Superflame. <BR> <BR> The company publishes the standalone financial results along with the consolidated financials results. In accordance with Ind AS 108, Operating segments, the company has disclosed the segment information only for the consolidated financial results. <BR> <BR> 4. The consolidated financial results include the results of the following entities: <BR> Holding Company: <BR> • V-Guard Industries Limited <BR> Subsidiaries (wholly owned): <BR> • V-Guard Consumer Products Limited <BR> • Guts Electro-Mech Limited <BR> • Sunflame Enterprises Private Limited <BR> Associate: <BR> • Gegadyne Energy Labs Private Limited <BR> <BR> 5. The Board of Directors in its meeting held on 29th July, 2025 have accorded in-principle approval for merger of Sunflame Enterprises Private Limited with the V-Guard Industries Limited (Holding Company), subject to necessary approvals. The proposed merger is being carried out to take advantage of synergies with the Holding Company. <BR> <BR> <BR> Initialled for identification purpose only <BR> This statement should be read with our report of even date2025-04-012025-09-30UnauditedConsolidated280700000001016000002817160000096976000007939500000-12000000276590000064000000532700000535050000026338200000183340000001833400000464800000-22800000442000000013914000000000139140000001391400000139140000001391400000043600000013.173.16003.173.1600.10770.2965Other Expenses2583200000Other Expenses5350500000542650000078760000028000002528000000443420000050000000070600000001090000021930000093620000011710000019121000001614950000099940000004519000004275700000429700000121100000767000001570000053708000004091000001458700000172326000000033382100000436000000214652000002190120000002190120000000001183400000118340000021760000010000000000024010000007490000061380000054063000006020100000105480000071498000008437000001077100000930000009079900000001148090000033382100000Electronics3190700000Electricals5626200000Consumer Durables3960900000Sunflame631400000Electronics8553600000Electricals10873200000Consumer Durables7456700000Sunflame11865000001340920000028070000000001340920000028070000000Electronics548600000Electricals650100000Consumer Durables69100000Sunflame41300000Electronics1597300000Electricals1123800000Consumer Durables-2600000Sunflame656000001309100000278410000021300000640000004370000008867000008508000001833400000Electronics5736900000Electricals6095400000Consumer Durables7938100000Sunflame812210000027892500000548960000033382100000Electronics2282900000Electricals2241000000Consumer Durables3160300000Sunflame1481400000916560000023153000001148090000064000000-2110000011225000000-11860000000-200000000-5385000000730000005327000000952000000-6431000000-8700000011100000160500000-1100000000238000000063390000024673000000005165000000195080000000000000800000084990000000000000000000000094000000-358000000-11905000000000002500000000332000001046000006536000006400000000-830400000-701000000-70100000499800000429700000000000