5329532025-10-012025-12-315329532025-12-315329532025-04-012025-12-315329532025-10-012025-12-31in-capmkt:OtherExpenses1Member5329532025-04-012025-12-31in-capmkt:OtherExpenses1Member5329532025-10-012025-12-31in-capmkt:ReportableSegments1Member5329532025-10-012025-12-31in-capmkt:ReportableSegments2Member5329532025-10-012025-12-31in-capmkt:ReportableSegments3Member5329532025-10-012025-12-31in-capmkt:ReportableSegments4Member5329532025-04-012025-12-31in-capmkt:ReportableSegments1Member5329532025-04-012025-12-31in-capmkt:ReportableSegments2Member5329532025-04-012025-12-31in-capmkt:ReportableSegments3Member5329532025-04-012025-12-31in-capmkt:ReportableSegments4Member5329532025-10-012025-12-31in-capmkt:ReportableSegments1Member5329532025-10-012025-12-31in-capmkt:ReportableSegments2Member5329532025-10-012025-12-31in-capmkt:ReportableSegments3Member5329532025-10-012025-12-31in-capmkt:ReportableSegments4Member5329532025-04-012025-12-31in-capmkt:ReportableSegments1Member5329532025-04-012025-12-31in-capmkt:ReportableSegments2Member5329532025-04-012025-12-31in-capmkt:ReportableSegments3Member5329532025-04-012025-12-31in-capmkt:ReportableSegments4Member5329532025-10-012025-12-31in-capmkt:ReportableSegments1Member5329532025-12-31in-capmkt:ReportableSegments1Member5329532025-10-012025-12-31in-capmkt:ReportableSegments2Member5329532025-12-31in-capmkt:ReportableSegments2Member5329532025-10-012025-12-31in-capmkt:ReportableSegments3Member5329532025-12-31in-capmkt:ReportableSegments3Member5329532025-10-012025-12-31in-capmkt:ReportableSegments4Member5329532025-12-31in-capmkt:ReportableSegments4Member5329532025-10-012025-12-31in-capmkt:ReportableSegments1Member5329532025-12-31in-capmkt:ReportableSegments1Member5329532025-10-012025-12-31in-capmkt:ReportableSegments2Member5329532025-12-31in-capmkt:ReportableSegments2Member5329532025-10-012025-12-31in-capmkt:ReportableSegments3Member5329532025-12-31in-capmkt:ReportableSegments3Member5329532025-10-012025-12-31in-capmkt:ReportableSegments4Member5329532025-12-31in-capmkt:ReportableSegments4Memberiso4217:INRxbrli:pureiso4217:INRxbrli:shares532953VGUARDNOTLISTEDINE951I01027V-GUARD INDUSTRIES LIMITEDMain BoardEquity2025-04-012026-03-312026-01-282026-01-12INRCroresQuarterlyThird quarterMulti segment2026-01-2810:30:002026-01-2814:25:00Not applicable2025-10-012025-12-31UnauditedConsolidated14035100000573000001409240000044799000004066200000446000000115860000029700000265200000265250000013098100000994300000-221100000773200000238300000-357000002026000000570600000000057060000005706000005706000000570600000043630000011.31.3001.31.300.11990.3448Notes to the unaudited standalone and consolidated financial results for the quarter and nine months ended 31.12.2025 <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 nine months ended December 31, 2025 were reviewed by the Audit Committee and approved by the Board of Directors and taken on record at the meetings held on January 28, 2026. <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 financial 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 July 29, 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> 6. On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 - replacing 29 existing labour laws, collectively referred to as the 'New Labour Codes'. The Group has assessed and disclosed the incremental financial impact of these changes, taking into consideration the best information available read with the FAQs released by the Ministry of Labour & Employment and the Institute of Chartered Accountants of India. Considering the materiality and non-recurring nature of this impact, the Group has presented incremental charge of Rs. 20.91 crores and Rs. 22.11 crores under “Exceptional item” in the standalone and consolidated interim financial results for the quarter and nine months ended December 31, 2025, respectively. The Group continues to monitor developments on the rules to be notified by regulatory authorities, including clarifications/ additional guidance from authorities and will continue to assess the accounting implications basis such developments/ guidance. <BR> 2025-04-012025-12-31UnauditedConsolidated421051000001589000004226400000014177500000120057000004340000003924500000937000007979000008003000000394363000002827700000-2211000002606600000703100000-58500000644600000019620000000000196200000001962000000196200000001962000000043630000014.484.46004.484.4600.11170.3118Other Expenses2652500000Other Expenses8003000000Electronics2859500000Electricals6019800000Consumer Durables4441000000Sunflame714800000Electronics11413100000Electricals16893000000Consumer Durables11897700000Sunflame19013000001403510000042105100000001403510000042105100000Electronics477900000Electricals721400000Consumer Durables193800000Sunflame25700000Electronics2075200000Electricals1845200000Consumer Durables191200000Sunflame9130000014188000004202900000297000009370000061590000015026000007732000002606600000Electronics5723400000Electricals6230200000Consumer Durables7203400000Sunflame804130000027198300000771710000034915400000Electronics2619200000Electricals2943700000Consumer Durables2902700000Sunflame14009000009866500000251390000012380400000Under segment results, point ii - Other unallocable expenditure net off unallocable income, includes an exceptional item, amounting to Rs. 22.11 crores in quarter and 9 months.000000