VIP Clothing Reports Negative Financial Performance

Nov 09 2023 12:00 AM IST
share
Share Via
VIP Clothing, a microcap company in the lifestyle industry, reported a decline in net sales, standalone net profit, and operating profit (PBDIT) for the quarter ended September 2023. The company's financial performance has been negative, with a decrease in profitability and efficiency. Investors should consider these factors before investing.

VIP Clothing, a microcap company in the lifestyle industry, recently announced its financial results for the quarter ended September 2023. The company's net sales saw a decline of 2.44% compared to the previous quarter, while its standalone net profit also decreased by 506.56%. This negative trend was also reflected in the company's operating profit (PBDIT) excluding other income, which fell by 80.74%.

Despite a slight increase in interest, VIP Clothing's operating profit margin (excluding other income) has fallen from the previous quarter. This has resulted in a negative financial performance for the company, with a score of -12 compared to 2 in the last three months.

The company's profit before tax (PBT) without other income has also seen a significant decline of 196.1% compared to the average of the previous four quarters. Similarly, the profit after tax (PAT) has fallen by 207.0% compared to the average of the previous four quarters. This indicates a negative trend in the near term for VIP Clothing.

Moreover, the company's operating profit to interest ratio is at its lowest in the last five quarters, indicating a deteriorating ability to manage interest payments. The operating profit (PBDIT) for the quarter is also at its lowest in the last five quarters, with a negative trend in the near term.

In terms of profitability, VIP Clothing's operating profit margin for the quarter is also at its lowest in the last five quarters, showing a decline in efficiency. The company's earnings per share (EPS) for the quarter is also at its lowest in the last five quarters, indicating a decline in profitability and lower earnings for shareholders.

Overall, VIP Clothing's financial performance for the quarter ended September 2023 has been negative, with a decline in sales, profit, and efficiency. Investors should take note of these factors before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Why is VIP Clothing Ltd falling/rising?
Dec 27 2025 12:33 AM IST
share
Share Via
VIP Clothing Ltd is Rated Sell
Dec 25 2025 12:57 PM IST
share
Share Via
Why is VIP Clothing falling/rising?
Nov 14 2025 10:03 PM IST
share
Share Via
How has been the historical performance of VIP Clothing?
Nov 13 2025 12:09 AM IST
share
Share Via