Vardhman Special Steels Limited — Updates, 28-10-2025: Press Release

Vardhman Special Steels became debt-free, repaying borrowings with Aichi Steel funds. Q2 PAT rose 33.86% YoY to Rs. 34.56 Cr, driven by lower raw material costs and reduced finance costs. Kocks Block is now operational, while a new furnace is expected in H2 FY26, boosting capacity.