Varroc Engineering Limited — Updates, 29-05-2025: Press Release

Varroc Engineering has announced a board meeting on the financial results for the quarter and half-year. Q4 revenue rose 11% YoY to ₹2,099 crore, with EBITDA margin at 10.2% and PBT before exceptional items at ₹103 crore. The company generated ₹311 crore in free cash flow and cut net debt by ₹235 crore, bringing net debt-to-equity below 0.5x. Highlights include 25 patents filed, completion of China JV stake sale, and renewable energy sourcing at 31%. New orders of ₹1,173 crore, over half from EV models, support growth. Dividend proposed at 100% face value.