Varroc Engineering jumps after Q1 adjusted profit rises 30% YoY
Mumbai, Aug. 7 -- On a consolidated basis, the company's adjusted net profit increased 30.1% YoY and 11.5% QoQ to Rs 77.27 crore in Q1 FY27.
Net sales rose 29.9% YoY and 11.2% QoQ to Rs 2,634.24 crore in the quarter ended 30 June 2026.
Profit before tax stood at Rs 114.38 crore in Q1 FY27, down 20.5% YoY but up 5.2% QoQ.
EBITDA increased 16.1% YoY but declined 3.3% QoQ to Rs 222.80 crore. EBITDA margin contracted to 8.5% from 9.5% in Q1 FY26 and 9.7% in Q4 FY26.
On the cost front, total expenditure increased 30.4% YoY and 11.9% QoQ to Rs 2,496.67 crore. Raw material consumption increased 32.7% YoY to Rs 1,686.79 crore. Employee expenses increased 10.9% YoY to Rs 267.45 crore. Finance costs declined 15.6% YoY to Rs 30.65 crore, while d...
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