Varroc Engineering Limited — Others, 30-05-2025: Copy of Newspaper Publication

Varroc Engineering Limited has announced a board meeting to consider the financial results for the quarter and half-year ended March 31, 2025. The company reported total income from continuing operations of ₹1,929.91 Cr (standalone) and ₹2,104.04 Cr (consolidated) for the quarter, with profit before tax at ₹126.42 Cr standalone and ₹169.26 Cr consolidated. Exceptional items included an impairment loss on its China JV, a ₹43.99 Cr legal provision for arbitration, merger expenses, and a credit loss provision linked to a restructuring customer. It is contesting significant GST demands and adjusted tax expenses due to moving to a new tax regime. The merger of Varroc Polymers into Varroc Engineering was completed with no impact on consolidated results. Debt-equity ratio improved to 0.48 standalone.