Varroc Engineering · NSE: VARROC · BSE: 541578

Q3 FY22 results · Oct–Dec 2021

Varroc Engineering reported revenue from operations of ₹3,134.95 crore (down 10.2% from Q3 FY21) and net loss of ₹264.43 crore for Q3 FY22 (Oct–Dec 2021), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY22	Q3 FY21	YoY	Q2 FY22	QoQ
Revenue from operations	3,134.95	3,492.66	−10.2%	3,032.56	+3.4%
Other income	14.80	21.93	−32.5%	9.92	+49.2%
Total income	3,149.75	3,514.59	−10.4%	3,042.48	+3.5%
Profit before share of associates & JVs and tax	(254.82)	(122.11)	Loss widened	(286.20)	Loss narrowed
Share of profit/(loss) of associates & JVs	3.09	9.24		1.15
Net profit for the period	(264.43)	(136.96)	Loss widened	(297.22)	Loss narrowed
Attributable to shareholders of the company	(265.16)	(138.72)	Loss widened	(298.28)	Loss narrowed
EPS, basic (₹)	(17.35)	(10.29)	not comparable	(19.52)	Loss narrowed
Net margin (%)	-8.4	-3.9		-9.8

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	Q3 FY22	Q3 FY21	YoY	Q2 FY22	QoQ
Revenue from operations	856.81	790.96	+8.3%	888.16	−3.5%
Other income	13.89	15.28	−9.0%	25.43	−45.4%
Total income	870.70	806.23	+8.0%	913.59	−4.7%
Profit before tax	(7.46)	48.90	Turned loss	40.43	Turned loss
Net profit for the period	(4.01)	35.49	Turned loss	24.77	Turned loss
EPS, basic (₹)	(0.26)	2.63	not comparable	1.62	Turned loss
Net margin (%)	-0.5	4.5		2.8

Consolidated

Filed with BSE: 15 Feb 2022, 12:41 IST
Board meeting: 14 Feb 2022
Period: 01 Oct 2021 to 31 Dec 2021
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 15 Feb 2022, 12:41 IST
Board meeting: 14 Feb 2022
Period: 01 Oct 2021 to 31 Dec 2021
Review status: Unaudited
Source: XBRL filing on BSE