Expect Margins To Improve By 100 Bps In Q2: Dilip Piramal, VIP Industries
  • WebDesk BTVI
  • Jul 31 2019

VIP Industries has posted a mixed June quarter results, with net sales and EBITDA margin rising 9 per cent and 22.2 per cent year-on-year, while net profit declining by 44 per cent to Rs 35 crore. Speaking to BTVI, Dilip Piramal, Chairman at VIP Industries, said the Q1 earnings looks satisfactory given current situation of the economy. He expects margins to improve by 100 basis points in the September quarter as impact of currency will be seen. Here's more.