VIP Industries Feels Margin Heat As Q4 Loss Offsets Revenue Growth

Ashik Bothra May 15, 2026 170 Views

VIP Industries reported consolidated revenue of ₹4.36 billion for the March quarter, but slipped into a net loss of ₹1.29 billion. While demand for luggage and travel gear remained strong, rising input costs and competitive pressures weighed heavily on profitability during the quarter.