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 reports standalone net profit of Rs 27.80 crore in the June 2021 quarter
 ( Results - Announcements 04-Aug-21   16:20 )
  Vardhman Special Steels standalone net profit declines 38.71% in the June 2023 quarter
 ( Results - Announcements 03-Aug-23   07:34 )
  Board of Vardhman Special Steels recommends Final Dividend
 ( Corporate News - 28-Apr-23   11:27 )
  Vardhman Special Steels standalone net profit declines 10.15% in the December 2021 quarter
 ( Results - Announcements 28-Jan-22   15:53 )
  Vardhman Special Steels to discuss results
 ( Corporate News - 02-Nov-20   13:29 )
  Vardhman Special Steels schedules board meeting
 ( Corporate News - 26-Oct-18   10:42 )
  Vardhman Special Steels net profit declines 6.55% in the March 2013 quarter
 ( Results - Announcements 10-May-13   17:53 )
  Vardhman Special Steels to declare Quarterly Result
 ( Corporate News - 27-Jul-20   12:49 )
  Vardhman Special Steels allots Equity shares
 ( Corporate News - 03-Jan-24   12:36 )
  Vardhman Special Steels extends gains
 ( Hot Pursuit - 30-Mar-17   14:39 )
  Vardhman Special Steels spurts on plans of rights issue
 ( Hot Pursuit - 14-Oct-16   15:09 )
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