Varroc Engineering · NSE: VARROC · BSE: 541578

Q2 FY22 results · Jul–Sep 2021

Varroc Engineering reported revenue from operations of ₹3,032.56 crore (up 4.0% from Q2 FY21) and net loss of ₹297.22 crore for Q2 FY22 (Jul–Sep 2021), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY22	Q2 FY21	YoY	Q1 FY22	QoQ
Revenue from operations	3,032.56	2,916.15	+4.0%	2,941.60	+3.1%
Other income	9.92	23.16	−57.2%	15.36	−35.4%
Total income	3,042.48	2,939.30	+3.5%	2,956.96	+2.9%
Profit before share of associates & JVs and tax	(286.20)	(4.87)	Loss widened	(239.40)	Loss widened
Share of profit/(loss) of associates & JVs	1.15	9.02		(2.55)
Net profit for the period	(297.22)	(38.77)	Loss widened	(229.28)	Loss widened
Attributable to shareholders of the company	(298.28)	(40.06)	Loss widened	(230.28)	Loss widened
EPS, basic (₹)	(19.52)	(2.97)	not comparable	(15.07)	Loss widened
Net margin (%)	-9.8	-1.3		-7.8

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	Q2 FY22	Q2 FY21	YoY	Q1 FY22	QoQ
Revenue from operations	888.16	646.44	+37.4%	666.02	+33.4%
Other income	25.43	11.58	+119.7%	9.48	+168.3%
Total income	913.59	658.02	+38.8%	675.50	+35.2%
Profit before tax	40.43	38.67	+4.5%	6.69	+504.1%
Net profit for the period	24.77	24.69	+0.3%	5.13	+382.7%
EPS, basic (₹)	1.62	1.83	not comparable	0.34	+376.5%
Net margin (%)	2.8	3.8		0.8

Consolidated

Filed with BSE: 12 Nov 2021, 13:29 IST
Board meeting: 11 Nov 2021
Period: 01 Jul 2021 to 30 Sep 2021
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 12 Nov 2021, 13:29 IST
Board meeting: 11 Nov 2021
Period: 01 Jul 2021 to 30 Sep 2021
Review status: Unaudited
Source: XBRL filing on BSE