Varroc Engineering · NSE: VARROC · BSE: 541578

Q1 FY21 results · Apr–Jun 2020

Varroc Engineering reported revenue from operations of ₹1,274.69 crore (down 55.6% from Q1 FY20) and net loss of ₹308.59 crore for Q1 FY21 (Apr–Jun 2020), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY21	Q1 FY20	YoY	Q4 FY20	QoQ
Revenue from operations	1,274.69	2,870.08	−55.6%	2,744.75	−53.6%
Other income	50.00	29.16	+71.5%	48.73	+2.6%
Total income	1,324.69	2,899.24	−54.3%	2,793.48	−52.6%
Profit before share of associates & JVs and tax	(390.48)	102.28	Turned loss	(126.17)	Loss widened
Share of profit/(loss) of associates & JVs	10.97	(0.14)		(10.54)
Net profit for the period	(308.59)	87.50	Turned loss	(137.10)	Loss widened
Attributable to shareholders of the company	(307.72)	86.83	Turned loss	(137.54)	Loss widened
EPS, basic (₹)	(22.83)	6.44	Turned loss	(10.20)	Loss widened
Net margin (%)	-24.2	3.0		-5.0

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY21	Q1 FY20	YoY	Q4 FY20	QoQ
Revenue from operations	213.12	626.05	−66.0%	520.05	−59.0%
Other income	8.10	7.24	+11.8%	40.35	−79.9%
Total income	221.21	633.29	−65.1%	560.40	−60.5%
Profit before tax	(49.02)	26.35	Turned loss	32.53	Turned loss
Net profit for the period	(31.39)	18.75	Turned loss	32.37	Turned loss
EPS, basic (₹)	(2.33)	1.39	Turned loss	2.40	Turned loss
Net margin (%)	-14.7	3.0		6.2

Consolidated

Filed with BSE: 14 Aug 2020, 20:16 IST
Board meeting: 14 Aug 2020
Period: 01 Apr 2020 to 30 Jun 2020
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 14 Aug 2020, 20:16 IST
Board meeting: 14 Aug 2020
Period: 01 Apr 2020 to 30 Jun 2020
Review status: Unaudited
Source: XBRL filing on BSE