VIP Industries slides after Q4 net loss widens to Rs 129 crore
Mumbai, May 18 -- Revenue from operations declined 11.7% year on year (YoY) to Rs 436.23 crore in the quarter ended 31 March 2026.
The company reported a loss before exceptional items and tax of Rs 129.33 crore in Q4 FY26, compared with a loss of Rs 36.88 crore in Q4 FY25. During the quarter, it recorded an exceptional item of Rs 0.53 crore towards an insurance claim receipt related to the loss of property, plant, and equipment and inventories destroyed in a fire at the company's regional warehouse in Guwahati on May 17, 2025.
Total expenses rose 6.43% YoY to Rs 569.28 crore during the quarter. Finance costs stood at Rs 20.12 crore, up 19.19% YoY, while the cost of materials consumed stood at Rs 212.61 crore, up 5.94% YoY.
On a standal...
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