Varroc Engineering · NSE: VARROC · BSE: 541578

Q3 FY21 results · Oct–Dec 2020

Varroc Engineering reported revenue from operations of ₹3,492.66 crore (up 24.6% from Q3 FY20) and net loss of ₹136.96 crore for Q3 FY21 (Oct–Dec 2020), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY21	Q3 FY20	YoY	Q2 FY21	QoQ
Revenue from operations	3,492.66	2,803.81	+24.6%	2,916.15	+19.8%
Other income	21.93	9.59	+128.7%	23.16	−5.3%
Total income	3,514.59	2,813.40	+24.9%	2,939.30	+19.6%
Profit before share of associates & JVs and tax	(122.11)	41.15	Turned loss	(4.87)	Loss widened
Share of profit/(loss) of associates & JVs	9.24	8.11		9.02
Net profit for the period	(136.96)	29.79	Turned loss	(38.77)	Loss widened
Attributable to shareholders of the company	(138.72)	29.17	Turned loss	(40.06)	Loss widened
EPS, basic (₹)	(10.29)	2.16	Turned loss	(2.97)	Loss widened
Net margin (%)	-3.9	1.1		-1.3

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	Q3 FY21	Q3 FY20	YoY	Q2 FY21	QoQ
Revenue from operations	790.96	570.62	+38.6%	646.44	+22.4%
Other income	15.28	8.23	+85.6%	11.58	+31.9%
Total income	806.23	578.85	+39.3%	658.02	+22.5%
Profit before tax	48.90	33.28	+46.9%	38.67	+26.4%
Net profit for the period	35.49	23.50	+51.0%	24.69	+43.7%
EPS, basic (₹)	2.63	1.74	+51.1%	1.83	+43.7%
Net margin (%)	4.5	4.1		3.8

Consolidated

Filed with BSE: 10 Feb 2021, 14:36 IST
Board meeting: 09 Feb 2021
Period: 01 Oct 2020 to 31 Dec 2020
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 10 Feb 2021, 14:36 IST
Board meeting: 09 Feb 2021
Period: 01 Oct 2020 to 31 Dec 2020
Review status: Unaudited
Source: XBRL filing on BSE