Results     02-May-24
Announcements
Vardhman Special Steels standalone net profit rises 139.69% in the March 2024 quarter
Sales rise 4.12% to Rs 439.41 crore
Net profit of Vardhman Special Steels rose 139.69% to Rs 32.79 crore in the quarter ended March 2024 as against Rs 13.68 crore during the previous quarter ended March 2023. Sales rose 4.12% to Rs 439.41 crore in the quarter ended March 2024 as against Rs 422.04 crore during the previous quarter ended March 2023.

For the full year,net profit declined 8.78% to Rs 91.63 crore in the year ended March 2024 as against Rs 100.45 crore during the previous year ended March 2023. Sales declined 4.24% to Rs 1661.36 crore in the year ended March 2024 as against Rs 1734.99 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales439.41422.04 4 1661.361734.99 -4
OPM %11.115.80 -8.578.15 -
PBDT52.8825.11 111 153.84162.42 -5
PBT43.8918.02 144 122.86134.30 -9
NP32.7913.68 140 91.63100.45 -9

Previous News
  Vardhman Special Steels to declare Quarterly Result
 ( Corporate News - 24-Jul-23   12:15 )
  Vardhman Special Steels standalone net profit rises 171.70% in the September 2021 quarter
 ( Results - Announcements 25-Oct-21   18:11 )
  Vardhman Special Steels standalone net profit declines 10.15% in the December 2021 quarter
 ( Results - Announcements 28-Jan-22   15:53 )
  Vardhman Special Steels enters into Amendment Agreement with Aichi Steel Corporation
 ( Corporate News - 04-Nov-19   09:43 )
  Vardhman Special Steels to convene board meeting
 ( Corporate News - 30-Jan-20   12:43 )
  Vardhman Special Steels standalone net profit rises 16.72% in the December 2016 quarter
 ( Results - Announcements 03-Feb-17   17:00 )
  Vardhman Special Steels to declare Quarterly Result
 ( Corporate News - 22-Jan-19   10:47 )
  Vardhman Special Steels to convene EGM
 ( Corporate News - 01-Oct-19   17:13 )
  Vardhman Special Steels grants stock options
 ( Corporate News - 22-Nov-16   10:30 )
  Vardhman Special Steels net profit declines 59.44% in the March 2012 quarter
 ( Results - Announcements 23-Apr-12   11:29 )
  Vardhman Special Steels allots 6250 equity shares
 ( Corporate News - 08-Jul-19   12:44 )
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