Varroc Engineering · NSE: VARROC · BSE: 541578

Q4 FY23 results · Jan–Mar 2023

Varroc Engineering reported revenue from operations of ₹1,690.06 crore (up 2.3% from Q4 FY22) and net profit of ₹40.02 crore for Q4 FY23 (Jan–Mar 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q4 FY23	Q4 FY22	YoY	Q3 FY23	QoQ
Revenue from operations	1,690.06	1,651.99	+2.3%	1,716.77	−1.6%
Other income	21.20	9.56	+121.7%	9.01	+135.2%
Total income	1,711.25	1,661.55	+3.0%	1,725.78	−0.8%
Profit before share of associates & JVs and tax	32.63	(3.97)	Turned profit	10.51	+210.6%
Share of profit/(loss) of associates & JVs	8.51	(2.12)		0.93
Net profit for the period	40.02	(284.96)	Turned profit	21.78	+83.8%
Attributable to shareholders of the company	39.62	(285.32)	Turned profit	20.40	+94.2%
EPS, basic (₹)	2.59	(18.68)	Turned profit	1.34	+93.3%
Net margin (%)	2.4	-17.2		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	Q4 FY23	Q4 FY22	YoY	Q3 FY23	QoQ
Revenue from operations	936.11	880.82	+6.3%	973.84	−3.9%
Other income	13.35	15.81	−15.6%	7.18	+85.9%
Total income	949.45	896.63	+5.9%	981.01	−3.2%
Profit before tax	(34.84)	5.04	Turned loss	(12.18)	Loss widened
Net profit for the period	(27.78)	0.09	Turned loss	0.19	Turned loss
EPS, basic (₹)	(1.82)	0.01	Turned loss	0.01	Turned loss
Net margin (%)	-3.0	0.0		0.0

Consolidated

Filed with BSE: 24 May 2023, 13:56 IST
Board meeting: 23 May 2023
Period: 01 Jan 2023 to 31 Mar 2023
Review status: Audited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 24 May 2023, 13:56 IST
Board meeting: 23 May 2023
Period: 01 Jan 2023 to 31 Mar 2023
Review status: Audited
Source: XBRL filing on BSE