Q2 revenue rises 39% and profit after tax rises 52%
VSSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 2.1 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Vardhman Special Steels reported unaudited Q2 FY27 revenue from operations of Rs 60,005.06 lakh, up 38.8% from Rs 43,227.43 lakh a year earlier. Profit after tax rose 51.9% to Rs 5,249.38 lakh. For the first half, revenue grew 25.4% to Rs 108,605.76 lakh and profit after tax rose 72.0% to Rs 9,367.95 lakh. Other income included Rs 1,048.08 lakh of government incentives. The independent reviewer raised no issues.
Strong growth may support the stock, but six-month operating cash flow fell to Rs 3,397.26 lakh from Rs 7,090.90 lakh; incentives lifted income.