Results     27-Apr-23
Announcements
Vardhman Special Steels standalone net profit declines 53.13% in the March 2023 quarter
Sales rise 22.92% to Rs 422.04 crore
Net profit of Vardhman Special Steels declined 53.13% to Rs 13.68 crore in the quarter ended March 2023 as against Rs 29.19 crore during the previous quarter ended March 2022. Sales rose 22.92% to Rs 422.04 crore in the quarter ended March 2023 as against Rs 343.35 crore during the previous quarter ended March 2022.

For the full year,net profit declined 0.30% to Rs 100.45 crore in the year ended March 2023 as against Rs 100.75 crore during the previous year ended March 2022. Sales rose 26.78% to Rs 1734.99 crore in the year ended March 2023 as against Rs 1368.46 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales422.04343.35 23 1734.991368.46 27
OPM %5.8011.08 -8.1512.69 -
PBDT25.1155.77 -55 162.42185.30 -12
PBT18.0248.93 -63 134.30158.34 -15
NP13.6829.19 -53 100.45100.75 0

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