Dilip Piramal said that VIP Industries result disappointed due to Covid pandemic. Q1 FY21 sales were down 94% when compared to Q1 FY21, Q2 FY21 sales were much better when compared to Q1 FY21 as sales improved from 6% in Q1 FY21 to 25% in Q2 FY21 and further improved to 55% in Q3 FY21. Q4 FY21 is expected to be better than Q3 FY21.