VSSLNSEVardhman Special Steels Limited· Steel And Steel ProductsMinimalNeutral
Announced Wed, 29 Apr · 14:39 IST

Vardhman Special Steels Limited has informed the Exchange about Copy of Newspaper Publication.

VSSL · price

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Price reaction · full curve 14 horizons · vs prior close
-5.4%1-day move
₹294.00
prior close
₹284.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.1+0.0-0.2-5.4-4.0-5.1-5.4-6.2-7.3-7.3-8.8-4.8
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AI summary

Vardhman Special Steels Limited published its audited financial results for Q4 and full year ended March 31, 2026. Total income from operations was Rs. 17,967.79 crore for FY2026, roughly flat compared to Rs. 17,935.23 crore in the previous year. Net profit after tax jumped significantly to Rs. 339.79 crore from Rs. 197.32 crore in FY2025, representing a 72% increase. Earnings per share turned positive to Rs. 11.40 per share from a loss of Rs. 13.15 per share in the prior year. The Board recommended a dividend of Rs. 3.50 per share for fully paid equity shares.

Likely market impact

The strong turnaround in profitability with a 72% rise in net profit despite flat revenue indicates improved operational efficiency. The recommendation of Rs. 3.50 dividend signals management confidence and provides direct shareholder returns. The stock may see positive sentiment given the return to profitability.