VIP Industries share price: The brokerage is bullish on VIP Industries Limited, Asia’s largest and the world’s second-largest luggage manufacturer. The company reported its Q4 results on May 15. Despite the weak Q4 FY26 results, the brokerage firm, Motilal Oswal Securities Limited (MOSL), maintains a buy rating. Here’s why:
The brokerage firm, Motilal Oswal Securities Limited (MOSL), maintains a buy rating with a target price of Rs 430. Here’s why:
VIP Industries Limited reported weak Q4 FY26 results. On a standalone basis, the company’s revenue from operations fell to Rs 430.61 crore in the March 2026 quarter from Rs 488.13 crore in Q4 FY25, while net loss widened sharply to Rs 142.33 crore compared to a loss of Rs 30.51 crore a year ago.
On a consolidated basis, Q4 revenue stood at Rs 436.23 crore versus Rs 494.21 crore last year, and the company posted a net loss of Rs 128.90 crore against a loss of Rs 27.36 crore in the corresponding quarter of FY25.
VIP Industries share price today
As of 10:52 AM, shares of VIP Industries Limited were trading 7.61 per cent lower at Rs 281, compared to the previous closing price of Rs 304.15.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
