Varroc Engineering Ltd was incorporated in 1988, is the flagship company of the Aurangabad-based Varroc Group. Varroc is a global tier-1 automotive component group. It is engaged in the business of manufacturing and supplying automobile components to a wide range of OEMs across the globe.
- Varroc Engineering Ltd reported Total revenue for Q4 FY23 of ₹1,690 Crore, up from ₹1,652 Crore year on year depicting a growth of 2%.
- Total Expenses for Q4 FY23 of ₹1,534 Crore down, from ₹1,547 Crore year on year, a decline of 1%.
- Consolidated Net Profit of ₹40 Crore, up more than 114% from -(₹285) Crore in the same quarter of the previous year.
- The Earnings per Share is ₹2.59, up more than 114% from -(₹18.67) in the same quarter of the previous year.