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Varroc Engineering Ltd Q4FY24; 45% rise in Profits

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

Financial Results:

Varroc Engineering Ltd reported Revenues for Q4FY24 of ₹1,975.00 Crores up from ₹1,699.00 Crore year on year, a rise of 16.24%.

Total Expenses for Q4FY24 of ₹1,881.00 Crores up from ₹1,679.00 Crores year on year, a rise of 12.03%.

Consolidated Net Profit of ₹58.00 Crores up 45.0% from ₹40.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.72, up 43.63% from ₹2.59 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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