38th AGM date

Varroc Engineering reported FY2025-26 standalone revenue of Rs 81,578.90 million, up 10.5% from Rs 73,962.06 million in FY2024-25. Net profit grew to Rs 2,881.93 million from Rs 2,758.50 million, a 4.5% increase, with EPS at Rs 18.86 vs Rs 18.05. Operating margin improved to 7.26% from 6.86%. The Board recommended a dividend of Rs 1.50 per share (150%) for shareholder approval at the 38th AGM on August 20, 2026. Auditors issued a Qualified Opinion regarding Rs 209.89 million income disputed by TYC Parties in arbitration, and flagged Emphasis of Matter on OPmobility arbitration (US$66.41 million claim) and GST disputes. Exceptional items included Rs 663.44 million VSS cost and Rs 217.93 million new labour code impact. The company seeks approval to raise NCDs up to Rs 500 crore and increase borrowing limits to Rs 3,000 crore.