Varroc Engineering Limited — Updates, 07-08-2025: Press Release

Varroc Engineering posted a strong Q1 FY26. Consolidated revenue grew 6.8% YoY to ₹2,027.6 Cr, with India operations up 7.2%. Profit Before Tax (PBT) before exceptional and JV profit surged 54% to ₹82.2 Cr, improving margin to 4.1% from 2.8% YoY. EBITDA also rose to 9.5%. The company significantly reduced net debt by ₹300.2 Cr to ₹447.8 Cr, cutting net debt to equity below 0.3x. Varroc secured new business wins totaling ₹290.5 Cr in annualized peak revenues and is addressing EV challenges through R&D. Focus remains on revenue growth, margin improvement, and free cash flow generation.