Varroc Engineering Limited — Important, 29-05-2025: General Updates

Varroc Engineering reported standalone revenue of Rs. 191.33 crore and PAT of Rs. 10.57 crore for the quarter; full-year revenue stood at Rs. 736.86 crore with PAT of Rs. 105.66 crore. Exceptional costs include merger expenses and credit loss provision due to customer insolvency. The group received a qualified audit opinion on consolidated results linked to a now-transferred China JV. The board has announced a meeting to consider the financial results and approved key leadership changes. Debt remains manageable with solid asset coverage on NCDs, and a final dividend of Re. 1/share was approved.